Royce Value Trust Inc (NYSE:RVT) Shares Sold by Yakira Capital Management Inc.

Yakira Capital Management Inc. trimmed its holdings in shares of Royce Value Trust Inc (NYSE:RVT) by 8.2% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 268,137 shares of the financial services provider’s stock after selling 24,000 shares during the period. Yakira Capital Management Inc. owned about 0.29% of Royce Value Trust worth $3,690,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also modified their holdings of the business. C J Advisory Inc acquired a new stake in Royce Value Trust in the 1st quarter worth approximately $30,000. Pinnacle Wealth Planning Services Inc. purchased a new position in Royce Value Trust during the 4th quarter worth approximately $121,000. TrinityPoint Wealth LLC purchased a new position in Royce Value Trust during the 4th quarter worth approximately $126,000. Hochman Cole Investment Advisors Inc. purchased a new position in Royce Value Trust during the 1st quarter worth approximately $151,000. Finally, We Are One Seven LLC raised its position in Royce Value Trust by 18.7% during the 1st quarter. We Are One Seven LLC now owns 12,429 shares of the financial services provider’s stock worth $171,000 after buying an additional 1,962 shares during the last quarter. Institutional investors own 22.49% of the company’s stock.

RVT traded up $0.19 during trading on Friday, reaching $13.92. 182,900 shares of the company’s stock were exchanged, compared to its average volume of 278,653. Royce Value Trust Inc has a 1 year low of $10.94 and a 1 year high of $16.92. The stock has a fifty day moving average of $13.63.

The company also recently announced a quarterly dividend, which was paid on Monday, June 24th. Stockholders of record on Thursday, June 13th were issued a dividend of $0.28 per share. This represents a $1.12 annualized dividend and a dividend yield of 8.05%. The ex-dividend date was Wednesday, June 12th.

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.

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

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