Royce Small-Cap Trust (NYSE:RVT) Shares Cross Below 50 Day Moving Average – Time to Sell?

Royce Small-Cap Trust, Inc. (NYSE:RVT) crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $18.15 and traded as low as $17.82. Royce Small-Cap Trust shares last traded at $17.9080, with a volume of 1,847,208 shares changing hands.

Royce Small-Cap Trust Stock Down 0.5%

The company’s 50 day moving average price is $18.15 and its 200 day moving average price is $17.71.

Royce Small-Cap Trust Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 29th. Shareholders of record on Thursday, June 11th were given a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a yield of 6.9%. This is a boost from Royce Small-Cap Trust’s previous quarterly dividend of $0.30. The ex-dividend date was Thursday, June 11th.

Institutional Trading of Royce Small-Cap Trust

Large investors have recently added to or reduced their stakes in the company. Wedbush Securities Inc. grew its stake in Royce Small-Cap Trust by 2.4% during the fourth quarter. Wedbush Securities Inc. now owns 24,921 shares of the financial services provider’s stock worth $401,000 after purchasing an additional 574 shares during the period. Carson Advisory Inc. lifted its stake in Royce Small-Cap Trust by 3.4% in the fourth quarter. Carson Advisory Inc. now owns 17,768 shares of the financial services provider’s stock valued at $286,000 after buying an additional 576 shares during the period. Kestra Advisory Services LLC lifted its stake in 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 valued at $412,000 after buying an additional 630 shares during the period. Moors & Cabot Inc. boosted its holdings in shares of 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 buying an additional 660 shares in the last quarter. Finally, PMG Family Office LLC boosted its holdings in shares of Royce Small-Cap Trust by 2.1% during the 1st quarter. PMG Family Office LLC now owns 32,513 shares of the financial services provider’s stock worth $540,000 after buying an additional 662 shares in the last quarter. 25.57% of the stock is owned by institutional investors.

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.