Osaic Holdings Inc. Acquires 75,110 Shares of Royce Small-Cap Trust, Inc. $RVT

Osaic Holdings Inc. boosted its holdings in shares of Royce Small-Cap Trust, Inc. (NYSE:RVT) by 37.8% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 273,832 shares of the financial services provider’s stock after buying an additional 75,110 shares during the quarter. Osaic Holdings Inc. owned about 0.23% of Royce Small-Cap Trust worth $4,121,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. CWM LLC acquired a new position in shares of Royce Small-Cap Trust during the 2nd quarter valued at about $25,000. Newbridge Financial Services Group Inc. bought a new stake in Royce Small-Cap Trust during the second quarter worth approximately $28,000. Colonial Trust Advisors acquired a new position in Royce Small-Cap Trust during the second quarter valued at approximately $53,000. Truist Financial Corp bought a new position in shares of Royce Small-Cap Trust in the second quarter valued at approximately $156,000. Finally, Jacobi Capital Management LLC acquired a new stake in shares of Royce Small-Cap Trust in the first quarter worth $160,000. Institutional investors and hedge funds own 25.57% of the company’s stock.

Royce Small-Cap Trust Stock Up 1.2%

NYSE RVT opened at $16.38 on Thursday. Royce Small-Cap Trust, Inc. has a 1 year low of $12.12 and a 1 year high of $16.87. The company has a fifty day simple moving average of $15.99 and a 200 day simple moving average of $15.75.

Royce Small-Cap Trust Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Thursday, December 11th were given a $0.54 dividend. This is an increase from Royce Small-Cap Trust’s previous quarterly dividend of $0.29. This represents a $2.16 annualized dividend and a dividend yield of 13.2%. The ex-dividend date of this dividend was Thursday, December 11th.

About Royce Small-Cap Trust

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.