SeaCrest Wealth Management LLC Has $1.98 Million Holdings in Royce Value Trust Inc. (NYSE:RVT)

SeaCrest Wealth Management LLC decreased its position in shares of Royce Value Trust Inc. (NYSE:RVT) by 2.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 141,001 shares of the financial services provider’s stock after selling 3,433 shares during the quarter. SeaCrest Wealth Management LLC owned approximately 0.13% of Royce Value Trust worth $1,978,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Wells Fargo & Company MN grew its holdings in shares of Royce Value Trust by 34.5% during the fourth quarter. Wells Fargo & Company MN now owns 1,909,326 shares of the financial services provider’s stock worth $25,318,000 after purchasing an additional 490,209 shares during the last quarter. Captrust Financial Advisors grew its holdings in Royce Value Trust by 1,989.9% during the 3rd quarter. Captrust Financial Advisors now owns 324,923 shares of the financial services provider’s stock worth $4,078,000 after acquiring an additional 309,376 shares during the last quarter. Cornerstone Advisors LLC raised its stake in shares of Royce Value Trust by 84.4% during the third quarter. Cornerstone Advisors LLC now owns 622,006 shares of the financial services provider’s stock valued at $8,005,000 after acquiring an additional 284,691 shares during the last quarter. AQR Arbitrage LLC raised its stake in shares of Royce Value Trust by 130.7% during the third quarter. AQR Arbitrage LLC now owns 397,112 shares of the financial services provider’s stock valued at $5,111,000 after acquiring an additional 224,945 shares during the last quarter. Finally, Bank of America Corp DE lifted its holdings in shares of Royce Value Trust by 4.0% during the first quarter. Bank of America Corp DE now owns 4,394,743 shares of the financial services provider’s stock worth $59,637,000 after purchasing an additional 168,048 shares during the period. Institutional investors own 25.57% of the company’s stock.

Insider Buying and Selling

In other news, VP Francis D. Gannon purchased 2,000 shares of the stock in a transaction on Thursday, March 21st. The stock was purchased at an average price of $14.76 per share, for a total transaction of $29,520.00. Following the acquisition, the vice president now owns 2,000 shares in the company, valued at $29,520. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. In other news, VP Francis D. Gannon purchased 2,000 shares of the business’s stock in a transaction on Thursday, March 21st. The shares were acquired at an average price of $14.76 per share, with a total value of $29,520.00. Following the completion of the transaction, the vice president now owns 2,000 shares of the company’s stock, valued at approximately $29,520. The purchase was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, President Christopher D. Clark purchased 3,300 shares of the firm’s stock in a transaction on Thursday, March 21st. The shares were acquired at an average price of $14.76 per share, with a total value of $48,708.00. Following the completion of the acquisition, the president now owns 31,489 shares in the company, valued at approximately $464,777.64. The disclosure for this purchase can be found here. 0.06% of the stock is owned by insiders.

Royce Value Trust Stock Performance

NYSE RVT traded up $0.07 on Thursday, reaching $15.17. The company had a trading volume of 259,869 shares, compared to its average volume of 246,980. Royce Value Trust Inc. has a fifty-two week low of $11.85 and a fifty-two week high of $15.21. The business has a 50 day moving average of $14.51 and a two-hundred day moving average of $13.66.

Royce Value Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Stockholders of record on Monday, March 11th were paid a $0.27 dividend. The ex-dividend date of this dividend was Friday, March 8th. This represents a $1.08 annualized dividend and a dividend yield of 7.12%.

Royce Value Trust Profile

Royce Value Trust Inc is a close ended equity mutual fund launched and managed by Royce & Associates, LLC. It invests in the public equity markets of the United States. The fund spreads its investments across diversified sectors. It invests in value oriented stocks of small cap and micro cap companies.