Accel Wealth Management Reduces Stake in Royce Value Trust Inc. (NYSE:RVT)

Accel Wealth Management has decreased its holdings in Royce Value Trust Inc. (NYSE:RVT) by 16.8% in the fourth quarter, as detailed in its latest 13F filing with the Securities and Exchange Commission. After selling 20,429 shares during the quarter, the fund now owns 101,500 shares of the financial services firm's stock. As per the latest SEC filing, Accel Wealth Management's stake in Royce Value Trust represents approximately 0.09% of the company, valued at $1,604,000.

Other notable investors have also adjusted their stakes in Royce Value Trust. Raymond James & Associates increased its investment by 5.5% in the third quarter, bringing its total holdings to 1,502,749 shares, worth $23,593,000 following the purchase of an additional 78,601 shares. Stifel Financial Corp raised its investment by 10.0% in the same quarter, now holding 775,846 shares valued at $12,181,000 after acquiring 70,449 additional shares. Janney Montgomery Scott LLC saw a 2.8% increase in its holdings in the fourth quarter, now owning 439,830 shares valued at $6,949,000 due to an increase of 11,777 shares. Additionally, Allspring Global Investments Holdings LLC increased its stake by 14.4% in the third quarter, now owning 386,499 shares valued at $6,068,000 after acquiring 48,700 shares. Lastly, International Assets Investment Management LLC made a significant increase by 1,603.2% in the third quarter, owning 370,774 shares valued at $5,821,000 after adding 349,005 shares. In total, 25.57% of Royce Value Trust’s stock is held by hedge funds and other institutional investors.

Royce Value Trust Stock Performance

As of Friday, the stock price of NYSE:RVT opened at $16.62. The company has a 50-day moving average of $16.15 and a 200-day moving average of $15.67. Over the past 12 months, Royce Value Trust has seen a low of $13.78 and a high of $16.93.

Dividend Announcement from Royce Value Trust

Recently, Royce Value Trust declared a quarterly dividend, which was paid on December 23rd. Shareholders who were on record as of December 12th received a dividend of $0.44. This translates to an annualized dividend of $1.76, equating to a dividend yield of 10.59%. The ex-dividend date for this payout was also December 12th.

About Royce Value Trust

Royce Value Trust Inc. is a closed-end equity mutual fund that is managed by Royce & Associates, LLC. The fund primarily invests in the public equity markets of the United States, diversifying its investments across various sectors. It focuses specifically on value-oriented stocks of small-cap and micro-cap companies.

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