Whitener Capital Management Inc. Buys 3,216 Shares of Royce Value Trust Inc. (NYSE:RVT)

Whitener Capital Management Inc. boosted its stake in shares of Royce Value Trust Inc. (NYSE:RVT) by 6.9% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 49,978 shares of the financial services provider’s stock after purchasing an additional 3,216 shares during the period. Whitener Capital Management Inc.’s holdings in Royce Value Trust were worth $790,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. Hennion & Walsh Asset Management Inc. increased its stake in shares of Royce Value Trust by 55.9% during the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 92,935 shares of the financial services provider’s stock valued at $1,468,000 after buying an additional 33,307 shares during the period. B. Riley Wealth Advisors Inc. boosted its position in Royce Value Trust by 5.6% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 19,872 shares of the financial services provider’s stock valued at $308,000 after acquiring an additional 1,047 shares in the last quarter. Sanctuary Advisors LLC lifted its stake in shares of Royce Value Trust by 1.9% during the 3rd quarter. Sanctuary Advisors LLC now owns 211,925 shares of the financial services provider’s stock worth $3,493,000 after purchasing an additional 3,854 shares during the last quarter. RB Capital Management LLC lifted its position in shares of Royce Value Trust by 1.2% during the third quarter. RB Capital Management LLC now owns 157,938 shares of the financial services provider’s stock valued at $2,480,000 after buying an additional 1,870 shares during the last quarter. Finally, K2 Principal Fund L.P. purchased a new position in shares of Royce Value Trust in the 3rd quarter worth approximately $210,000. 25.57% of the stock is currently owned by institutional investors.

Royce Value Trust Stock Performance

Shares of RVT opened at $16.30 on Friday. The company has a 50 day moving average of $16.13 and a two-hundred day moving average of $15.59. Royce Value Trust Inc. has a twelve month low of $13.78 and a twelve month high of $16.93.

Royce Value Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 23rd. Stockholders of record on Thursday, December 12th were given a $0.44 dividend. The ex-dividend date of this dividend was Thursday, December 12th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 10.80%.

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.