Bahl & Gaynor Inc. acquired a new stake in shares of Royce Value Trust, Inc. (NYSE:RVT) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 17,000 shares of the financial services provider’s stock, valued at approximately $228,000.

A number of other large investors have also recently added to or reduced their stakes in the business. CWA Asset Management Group LLC increased its stake in Royce Value Trust by 1.9% during the 2nd quarter. CWA Asset Management Group LLC now owns 14,467 shares of the financial services provider’s stock valued at $211,000 after purchasing an additional 267 shares in the last quarter. Fiduciary Counselling Inc. increased its stake in Royce Value Trust by 1.9% during the 2nd quarter. Fiduciary Counselling Inc. now owns 22,179 shares of the financial services provider’s stock valued at $324,000 after purchasing an additional 408 shares in the last quarter. GRT Capital Partners L.L.C. increased its stake in Royce Value Trust by 1.5% during the 2nd quarter. GRT Capital Partners L.L.C. now owns 34,700 shares of the financial services provider’s stock valued at $506,000 after purchasing an additional 500 shares in the last quarter. Thompson Davis & CO. Inc. increased its stake in Royce Value Trust by 13.6% during the 2nd quarter. Thompson Davis & CO. Inc. now owns 9,876 shares of the financial services provider’s stock valued at $144,000 after purchasing an additional 1,180 shares in the last quarter. Finally, Miracle Mile Advisors LLC increased its stake in Royce Value Trust by 1.9% during the 2nd quarter. Miracle Mile Advisors LLC now owns 75,754 shares of the financial services provider’s stock valued at $1,105,000 after purchasing an additional 1,395 shares in the last quarter. Institutional investors and hedge funds own 23.38% of the company’s stock.

TRADEMARK VIOLATION WARNING: “Bahl & Gaynor Inc. Acquires Shares of 17,000 Royce Value Trust, Inc. (RVT)” was posted by Daily Political and is owned by of Daily Political. If you are reading this news story on another website, it was illegally stolen and reposted in violation of U.S. and international trademark & copyright law. The legal version of this news story can be read at https://www.dailypolitical.com/2017/09/20/bahl-gaynor-inc-acquires-shares-of-17000-royce-value-trust-inc-rvt.html.

Shares of Royce Value Trust, Inc. (NYSE RVT) opened at 15.02 on Wednesday. The firm’s 50-day moving average is $14.62 and its 200-day moving average is $14.45. Royce Value Trust, Inc. has a 1-year low of $11.66 and a 1-year high of $15.21.

The company 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. The ex-dividend date of this dividend is Friday, September 8th. This is an increase from Royce Value Trust’s previous quarterly dividend of $0.27. This represents a $1.12 dividend on an annualized basis and a yield of 7.46%.

Royce Value Trust Profile

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.

Want to see what other hedge funds are holding RVT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Royce Value Trust, Inc. (NYSE:RVT).

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

Receive News & Ratings for Royce Value Trust Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Royce Value Trust Inc. and related companies with MarketBeat.com's FREE daily email newsletter.