Ladenburg Thalmann Financial Services Inc. boosted its position in shares of Royce Value Trust Inc (NYSE:RVT) by 25.8% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 35,724 shares of the financial services provider’s stock after acquiring an additional 7,323 shares during the period. Ladenburg Thalmann Financial Services Inc.’s holdings in Royce Value Trust were worth $564,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. CLS Investments LLC boosted its holdings in shares of Royce Value Trust by 53.8% in the 2nd quarter. CLS Investments LLC now owns 299,492 shares of the financial services provider’s stock valued at $4,370,000 after buying an additional 104,777 shares in the last quarter. Royal Bank of Canada boosted its holdings in shares of Royce Value Trust by 5.9% in the 2nd quarter. Royal Bank of Canada now owns 302,162 shares of the financial services provider’s stock valued at $4,408,000 after buying an additional 16,733 shares in the last quarter. Stifel Financial Corp boosted its holdings in shares of Royce Value Trust by 19.4% in the 2nd quarter. Stifel Financial Corp now owns 260,510 shares of the financial services provider’s stock valued at $3,783,000 after buying an additional 42,417 shares in the last quarter. Raymond James Financial Services Advisors Inc. boosted its holdings in shares of Royce Value Trust by 14.8% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 676,410 shares of the financial services provider’s stock valued at $10,680,000 after buying an additional 87,247 shares in the last quarter. Finally, Advisor Group Inc. boosted its holdings in shares of Royce Value Trust by 41.1% in the 3rd quarter. Advisor Group Inc. now owns 60,161 shares of the financial services provider’s stock valued at $951,000 after buying an additional 17,515 shares in the last quarter. Institutional investors own 22.30% of the company’s stock.

Royce Value Trust Inc (RVT) opened at $16.10 on Monday. Royce Value Trust Inc has a twelve month low of $13.03 and a twelve month high of $16.24. The stock has a market cap of $1,340.00, a price-to-earnings ratio of 4.79 and a beta of 1.19.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 27th. Stockholders of record on Wednesday, December 13th will be issued a $0.35 dividend. This is a boost from Royce Value Trust’s previous quarterly dividend of $0.28. The ex-dividend date is Tuesday, December 12th. This represents a $1.40 annualized dividend and a dividend yield of 8.70%. Royce Value Trust’s dividend payout ratio is presently 16.37%.

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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.

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

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