SeaCrest Wealth Management LLC Sells 67,610 Shares of Royce Value Trust Inc. (NYSE:RVT)

SeaCrest Wealth Management LLC cut its stake in shares of Royce Value Trust Inc. (NYSE:RVT) by 52.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 61,942 shares of the financial services provider’s stock after selling 67,610 shares during the period. SeaCrest Wealth Management LLC owned 0.05% of Royce Value Trust worth $972,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of RVT. Cornerstone Advisors LLC increased its holdings in Royce Value Trust by 62.0% during the 2nd quarter. Cornerstone Advisors LLC now owns 734,489 shares of the financial services provider’s stock worth $10,628,000 after acquiring an additional 281,199 shares during the period. Advisors Asset Management Inc. increased its holdings in shares of Royce Value Trust by 9.7% in the first quarter. Advisors Asset Management Inc. now owns 667,661 shares of the financial services provider’s stock worth $10,128,000 after purchasing an additional 59,308 shares during the period. Blue Bell Private Wealth Management LLC raised its position in shares of Royce Value Trust by 13.3% in the second quarter. Blue Bell Private Wealth Management LLC now owns 460,923 shares of the financial services provider’s stock worth $6,670,000 after buying an additional 54,097 shares in the last quarter. Janney Montgomery Scott LLC boosted its stake in Royce Value Trust by 2.0% during the first quarter. Janney Montgomery Scott LLC now owns 431,555 shares of the financial services provider’s stock valued at $6,547,000 after buying an additional 8,578 shares during the period. Finally, Lazard Asset Management LLC grew its position in Royce Value Trust by 62.5% during the first quarter. Lazard Asset Management LLC now owns 384,792 shares of the financial services provider’s stock worth $5,837,000 after buying an additional 147,935 shares in the last quarter. 25.57% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Royce Value Trust

In related news, President Christopher D. Clark purchased 3,400 shares of the firm’s stock in a transaction dated Friday, August 16th. The shares were purchased at an average price of $15.20 per share, with a total value of $51,680.00. Following the acquisition, the president now directly owns 36,057 shares of the company’s stock, valued at approximately $548,066.40. This represents a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.06% of the stock is currently owned by insiders.

Royce Value Trust Stock Performance

Shares of NYSE RVT opened at $15.91 on Thursday. The stock’s 50-day simple moving average is $15.29 and its two-hundred day simple moving average is $14.92. Royce Value Trust Inc. has a twelve month low of $11.85 and a twelve month high of $16.16.

Royce Value Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 23rd. Investors of record on Friday, September 13th were paid a $0.28 dividend. This represents a $1.12 dividend on an annualized basis and a yield of 7.04%. The ex-dividend date of this dividend was Friday, September 13th.

About Royce Value Trust

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.