Benjamin F. Edwards & Company Inc. grew its stake in Royce Value Trust Inc (NYSE:RVT) by 2.8% during the 4th quarter, HoldingsChannel reports. The firm owned 82,726 shares of the financial services provider’s stock after buying an additional 2,248 shares during the quarter. Benjamin F. Edwards & Company Inc.’s holdings in Royce Value Trust were worth $1,222,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors also recently added to or reduced their stakes in the company. Carmichael Hill & Associates Inc. purchased a new stake in Royce Value Trust in the 4th quarter worth approximately $25,000. Usca Ria LLC purchased a new stake in Royce Value Trust in the 3rd quarter worth approximately $35,000. FNY Investment Advisers LLC purchased a new stake in Royce Value Trust in the 4th quarter worth approximately $42,000. Capital Investment Advisory Services LLC boosted its position in Royce Value Trust by 756.5% in the 3rd quarter. Capital Investment Advisory Services LLC now owns 4,454 shares of the financial services provider’s stock worth $61,000 after purchasing an additional 3,934 shares in the last quarter. Finally, Advisory Services Network LLC purchased a new stake in Royce Value Trust in the 4th quarter worth approximately $89,000. Institutional investors and hedge funds own 21.17% of the company’s stock.
Shares of NYSE:RVT opened at $15.13 on Monday. Royce Value Trust Inc has a 1 year low of $12.99 and a 1 year high of $15.19. The business’s 50 day moving average price is $14.83 and its 200-day moving average price is $14.18.
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.
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