SG Americas Securities LLC acquired a new stake in Royce Value Trust, Inc. (NYSE:RVT) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund acquired 18,350 shares of the financial services provider’s stock, valued at approximately $268,000.

Other institutional investors and hedge funds have also modified their holdings of the company. IFP Advisors Inc raised its position in Royce Value Trust by 94.9% in the 2nd quarter. IFP Advisors Inc now owns 9,884 shares of the financial services provider’s stock valued at $144,000 after purchasing an additional 4,813 shares during the last quarter. HL Financial Services LLC raised its position in shares of Royce Value Trust by 97.9% during the second quarter. HL Financial Services LLC now owns 31,351 shares of the financial services provider’s stock worth $457,000 after acquiring an additional 15,506 shares during the last quarter. Wedbush Securities Inc. raised its position in shares of Royce Value Trust by 12.9% during the second quarter. Wedbush Securities Inc. now owns 49,928 shares of the financial services provider’s stock worth $728,000 after acquiring an additional 5,699 shares during the last quarter. Janney Montgomery Scott LLC raised its position in shares of Royce Value Trust by 2.5% during the second quarter. Janney Montgomery Scott LLC now owns 163,759 shares of the financial services provider’s stock worth $2,389,000 after acquiring an additional 3,998 shares during the last quarter. Finally, First Trust Advisors LP raised its position in shares of Royce Value Trust by 12.8% during the second quarter. First Trust Advisors LP now owns 197,369 shares of the financial services provider’s stock worth $2,880,000 after acquiring an additional 22,434 shares during the last quarter. Hedge funds and other institutional investors own 23.38% of the company’s stock.

Shares of Royce Value Trust, Inc. (NYSE:RVT) opened at 14.87 on Friday. Royce Value Trust, Inc. has a 52-week low of $11.66 and a 52-week high of $15.21. The stock’s 50 day moving average price is $14.61 and its 200-day moving average price is $14.44.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 26th. Shareholders of record on Wednesday, September 13th will be issued a $0.28 dividend. This represents a $1.12 dividend on an annualized basis and a dividend yield of 7.53%. The ex-dividend date is Friday, September 8th. This is an increase from Royce Value Trust’s previous quarterly dividend of $0.27.

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About Royce Value Trust

Royce Value Trust, Inc is a diversified, closed-end investment company. The Fund invests primarily in small-cap securities. The Fund’s portfolio of investments includes industrials, financials, information technology, materials, healthcare, consumer discretionary, energy, consumer staples, real estate and telecommunication services.

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Institutional Ownership by Quarter for Royce Value Trust (NYSE:RVT)

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