Atlanta Consulting Group Advisors LLC Acquires Shares in Royce Value Trust Inc.

Atlanta Consulting Group Advisors LLC has recently made a significant investment by acquiring shares in Royce Value Trust Inc. (NYSE:RVT). This transaction took place during the fourth quarter of the year, as indicated in the company's latest 13F filing with the Securities and Exchange Commission (SEC). The investment firm purchased 43,745 shares, which amounts to a total valuation of approximately $691,000.

In addition to Atlanta Consulting Group's acquisition, there have been other institutional investors and hedge funds that have similarly adjusted their positions in Royce Value Trust. For instance, GWN Securities Inc. has acquired a new stake in the company during the fourth quarter, valued at $187,000. Furthermore, Commonwealth Equity Services LLC has increased its holdings by 0.7%, bringing its total to 140,012 shares, which are now valued at $2,212,000 after adding 933 shares during this same period.

Additionally, HighTower Advisors LLC raised its holdings by 5.9%, now owning 144,253 shares valued at $2,279,000 after purchasing an extra 7,985 shares in the fourth quarter. Vista Investment Partners II LLC also bought new shares valued at $367,000, while Independent Advisor Alliance made a new investment worth $218,000. Collectively, hedge funds and institutional shareholders hold around 25.57% of Royce Value Trust's total stock.

Recent Stock Performance of Royce Value Trust

On Monday, Royce Value Trust's stock was trading at $14.23. Over the past year, the stock has seen a low of $13.78 and a high of $16.93. The company's fifty-day moving average is currently at $15.74, while the 200-day moving average stands at $15.76.

Dividend Announcement by Royce Value Trust

Royce Value Trust also recently announced a quarterly dividend, set to be paid on Wednesday, March 26th. Shareholders who are on record as of Thursday, March 13th, will receive a dividend of $0.30 per share. The ex-dividend date for this payment is also Thursday, March 13th. This represents an annualized dividend of $1.20, which reflects a dividend yield of 8.44%.

Profile of 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. Its focus is on value-oriented stocks, particularly those from small-cap and micro-cap companies.

Investment Considerations

Before making investment decisions regarding Royce Value Trust, it is important for investors to be aware of the broader market landscape. Although Royce Value Trust currently holds a "Hold" rating among analysts, several top-rated analysts are recommending other stocks that they believe may provide stronger investment potential.

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