29,544 Shares in Royce Small-Cap Trust, Inc. $RVT Acquired by HBK Sorce Advisory LLC

HBK Sorce Advisory LLC bought a new stake in shares of Royce Small-Cap Trust, Inc. (NYSE:RVT) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 29,544 shares of the financial services provider’s stock, valued at approximately $552,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Wedbush Securities Inc. grew its stake in Royce Small-Cap Trust by 2.4% during the 4th quarter. Wedbush Securities Inc. now owns 24,921 shares of the financial services provider’s stock worth $401,000 after buying an additional 574 shares during the last quarter. Carson Advisory Inc. increased its holdings in Royce Small-Cap Trust by 3.4% in the 4th quarter. Carson Advisory Inc. now owns 17,768 shares of the financial services provider’s stock worth $286,000 after buying an additional 576 shares during the period. Kestra Advisory Services LLC increased its stake in shares of Royce Small-Cap Trust by 2.5% in the fourth quarter. Kestra Advisory Services LLC now owns 25,573 shares of the financial services provider’s stock worth $412,000 after acquiring an additional 630 shares during the period. Moors & Cabot Inc. grew its position in Royce Small-Cap Trust by 2.8% during the 3rd quarter. Moors & Cabot Inc. now owns 24,501 shares of the financial services provider’s stock worth $395,000 after purchasing an additional 660 shares during the period. Finally, PMG Family Office LLC raised its position in Royce Small-Cap Trust by 2.1% during the first quarter. PMG Family Office LLC now owns 32,513 shares of the financial services provider’s stock valued at $540,000 after acquiring an additional 662 shares in the last quarter. 25.57% of the stock is currently owned by hedge funds and other institutional investors.

Royce Small-Cap Trust Stock Up 0.2%

RVT opened at $19.02 on Tuesday. Royce Small-Cap Trust, Inc. has a fifty-two week low of $14.97 and a fifty-two week high of $19.05. The company has a fifty day moving average of $18.23 and a two-hundred day moving average of $17.95.

Royce Small-Cap Trust Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 29th. Investors of record on Thursday, June 11th were paid a $0.31 dividend. The ex-dividend date of this dividend was Thursday, June 11th. This represents a $1.24 annualized dividend and a yield of 6.5%. This is an increase from Royce Small-Cap Trust’s previous quarterly dividend of $0.30.

Royce Small-Cap Trust Company 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.