EP Wealth Advisors LLC Purchases Shares of 33,637 Royce Small-Cap Trust, Inc. $RVT

EP Wealth Advisors LLC bought a new position in shares of Royce Small-Cap Trust, Inc. (NYSE:RVT) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 33,637 shares of the financial services provider’s stock, valued at approximately $621,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Western Wealth Management LLC acquired a new position in shares of Royce Small-Cap Trust during the 1st quarter worth $28,000. Newbridge Financial Services Group Inc. purchased a new stake in Royce Small-Cap Trust during the 2nd quarter worth about $28,000. Fairway Wealth LLC acquired a new position in shares of Royce Small-Cap Trust in the first quarter valued at approximately $33,000. Private Wealth Asset Management LLC purchased a new position in shares of Royce Small-Cap Trust during the 4th quarter worth $52,000. Finally, Assetmark Inc. increased its position in Royce Small-Cap Trust by 176.4% during the first quarter. Assetmark Inc. now owns 3,701 shares of the financial services provider’s stock worth $61,000 after purchasing an additional 2,362 shares during the last quarter. Hedge funds and other institutional investors own 25.57% of the company’s stock.

Royce Small-Cap Trust Stock Down 0.6%

NYSE RVT opened at $18.60 on Tuesday. The business’s 50-day simple moving average is $18.32 and its 200-day simple moving average is $17.99. Royce Small-Cap Trust, Inc. has a 1-year low of $14.97 and a 1-year high of $19.12.

Royce Small-Cap Trust Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 29th. Shareholders of record on Thursday, June 11th were issued a dividend of $0.31 per share. The ex-dividend date was Thursday, June 11th. This represents a $1.24 annualized dividend and a yield of 6.7%. This is a boost from Royce Small-Cap Trust’s previous quarterly dividend of $0.30.

Royce Small-Cap Trust Company Profile

Royce Small-Cap Trust (NYSE:RVT) is a closed-end management investment company that seeks to provide investors with long-term capital appreciation by investing primarily in the common stocks of small-capitalization companies. The trust is structured to trade on the New York Stock Exchange, offering shares that represent an undivided interest in a diversified portfolio of U.S. small-cap equities. As a closed-end vehicle, the fund may employ leverage to enhance returns and reinvest dividends to support growth over time.

The trust’s investment strategy is driven by fundamental, bottom-up research, focusing on companies with market capitalizations typically falling within the small-cap spectrum.