Beacon Financial Advisory LLC Purchases 734 Shares of Royce Value Trust Inc. (NYSE:RVT)

Beacon Financial Advisory LLC raised its holdings in shares of Royce Value Trust Inc. (NYSE:RVT) by 5.8% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 13,328 shares of the financial services provider’s stock after acquiring an additional 734 shares during the period. Beacon Financial Advisory LLC’s holdings in Royce Value Trust were worth $209,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. ESL Trust Services LLC bought a new stake in Royce Value Trust in the 1st quarter worth $39,000. Future Financial Wealth Managment LLC bought a new position in shares of Royce Value Trust in the 3rd quarter worth approximately $78,000. J.W. Cole Advisors Inc. purchased a new position in Royce Value Trust during the second quarter valued at $145,000. Calamos Advisors LLC purchased a new position in Royce Value Trust during the 2nd quarter valued at about $155,000. Finally, Creative Planning boosted its position in shares of Royce Value Trust by 7.7% in the 3rd quarter. Creative Planning now owns 11,791 shares of the financial services provider’s stock worth $185,000 after purchasing an additional 842 shares in the last quarter. 25.57% of the stock is currently owned by institutional investors.

Royce Value Trust Price Performance

NYSE RVT opened at $16.31 on Thursday. Royce Value Trust Inc. has a 12 month low of $12.22 and a 12 month high of $16.33. The stock’s fifty day moving average price is $15.40 and its 200-day moving average price is $15.03.

Royce Value Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, September 23rd. Stockholders of record on Friday, September 13th were paid a $0.28 dividend. The ex-dividend date was Friday, September 13th. This represents a $1.12 annualized dividend and a dividend yield of 6.87%.

Insider Buying and Selling at Royce Value Trust

In related news, President Christopher D. Clark purchased 3,400 shares of Royce Value Trust stock in a transaction dated Friday, August 16th. The stock was purchased at an average cost of $15.20 per share, for a total transaction of $51,680.00. Following the completion of the purchase, the president now directly owns 36,057 shares of the company’s stock, valued at $548,066.40. The trade was a 0.00 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Company insiders own 0.06% of the company’s stock.

Royce Value Trust Company 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.