Blue Bell Private Wealth Management LLC Boosts Stock Holdings in Royce Small-Cap Trust, Inc. $RVT

Blue Bell Private Wealth Management LLC grew its position in shares of Royce Small-Cap Trust, Inc. (NYSE:RVT) by 15.8% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 652,300 shares of the financial services provider’s stock after buying an additional 88,928 shares during the quarter. Royce Small-Cap Trust accounts for 1.5% of Blue Bell Private Wealth Management LLC’s holdings, making the stock its 10th biggest position. Blue Bell Private Wealth Management LLC’s holdings in Royce Small-Cap Trust were worth $10,502,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of RVT. NewEdge Advisors LLC lifted its position in shares of Royce Small-Cap Trust by 5.8% during the 1st quarter. NewEdge Advisors LLC now owns 53,335 shares of the financial services provider’s stock worth $759,000 after buying an additional 2,919 shares in the last quarter. Jane Street Group LLC bought a new position in shares of Royce Small-Cap Trust during the 1st quarter worth approximately $186,000. Cetera Investment Advisers lifted its position in shares of Royce Small-Cap Trust by 7.4% during the 2nd quarter. Cetera Investment Advisers now owns 36,282 shares of the financial services provider’s stock worth $546,000 after buying an additional 2,494 shares in the last quarter. Walleye Capital LLC bought a new position in shares of Royce Small-Cap Trust during the 2nd quarter worth approximately $775,000. Finally, Brown Advisory Inc. lifted its position in shares of Royce Small-Cap Trust by 69.8% during the 2nd quarter. Brown Advisory Inc. now owns 24,801 shares of the financial services provider’s stock worth $373,000 after buying an additional 10,193 shares in the last quarter. Institutional investors own 25.57% of the company’s stock.

Royce Small-Cap Trust Price Performance

Royce Small-Cap Trust stock opened at $18.30 on Tuesday. Royce Small-Cap Trust, Inc. has a 52 week low of $14.41 and a 52 week high of $18.88. The company’s 50 day moving average price is $17.62 and its two-hundred day moving average price is $17.14.

Royce Small-Cap Trust Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 30th. Investors of record on Thursday, March 12th were issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 6.6%. The ex-dividend date of this dividend was Thursday, March 12th.

Insider Activity at Royce Small-Cap Trust

In related news, President Christopher D. Clark purchased 4,500 shares of the stock in a transaction that occurred on Tuesday, March 24th. The shares were bought at an average price of $16.69 per share, with a total value of $75,105.00. Following the acquisition, the president owned 47,235 shares of the company’s stock, valued at $788,352.15. This trade represents a 10.53% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Company insiders own 0.08% of the company’s stock.

Royce Small-Cap Trust Profile

Royce Small-Cap Trust (NYSE:RVT) is a closed-end management investment company that seeks to provide investors with long-term capital appreciation by investing primarily in the common stocks of small-capitalization companies. The trust is structured to trade on the New York Stock Exchange, offering shares that represent an undivided interest in a diversified portfolio of U.S. small-cap equities. As a closed-end vehicle, the fund may employ leverage to enhance returns and reinvest dividends to support growth over time.

The trust’s investment strategy is driven by fundamental, bottom-up research, focusing on companies with market capitalizations typically falling within the small-cap spectrum.