Royce Micro-Cap Trust, Inc. (NYSE:RMT) Shares Bought by Blue Bell Private Wealth Management LLC

Blue Bell Private Wealth Management LLC lifted its position in Royce Micro-Cap Trust, Inc. (NYSE:RMT - Free Report) by 14.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 432,511 shares of the financial services provider's stock after acquiring an additional 54,366 shares during the quarter. Royce Micro-Cap Trust accounts for approximately 0.8% of Blue Bell Private Wealth Management LLC's holdings, making the stock its 19th largest position. Blue Bell Private Wealth Management LLC owned 0.85% of Royce Micro-Cap Trust worth $4,217,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Sapient Capital LLC raised its stake in Royce Micro-Cap Trust by 2.2% during the fourth quarter. Sapient Capital LLC now owns 98,307 shares of the financial services provider's stock worth $958,000 after acquiring an additional 2,123 shares during the period. Walleye Capital LLC grew its holdings in shares of Royce Micro-Cap Trust by 6.9% during the third quarter. Walleye Capital LLC now owns 42,151 shares of the financial services provider's stock valued at $405,000 after purchasing an additional 2,713 shares during the last quarter. EP Wealth Advisors LLC raised its position in shares of Royce Micro-Cap Trust by 5.6% during the 3rd quarter. EP Wealth Advisors LLC now owns 58,294 shares of the financial services provider's stock worth $560,000 after purchasing an additional 3,109 shares during the period. Hara Capital LLC lifted its holdings in shares of Royce Micro-Cap Trust by 12.7% in the 3rd quarter. Hara Capital LLC now owns 42,560 shares of the financial services provider's stock worth $409,000 after purchasing an additional 4,800 shares during the last quarter. Finally, Captrust Financial Advisors boosted its position in Royce Micro-Cap Trust by 5.0% during the 3rd quarter. Captrust Financial Advisors now owns 106,063 shares of the financial services provider's stock valued at $1,019,000 after purchasing an additional 5,071 shares during the period. 34.98% of the stock is currently owned by institutional investors.

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Royce Micro-Cap Trust Price Performance

RMT traded down $0.04 during trading on Tuesday, reaching $8.61. 151,054 shares of the company were exchanged, compared to its average volume of 102,526. Royce Micro-Cap Trust, Inc. has a 52 week low of $8.51 and a 52 week high of $10.43. The firm has a 50 day moving average of $9.75 and a 200 day moving average of $9.75.

Royce Micro-Cap Trust Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 26th. Stockholders of record on Thursday, March 13th will be given a dividend of $0.19 per share. The ex-dividend date of this dividend is Thursday, March 13th. This represents a $0.76 annualized dividend and a dividend yield of 8.83%.

Insider Buying and Selling

In other Royce Micro-Cap Trust news, insider Charles M. Royce sold 50,000 shares of the business's stock in a transaction dated Friday, January 31st. The shares were sold at an average price of $9.94, for a total transaction of $497,000.00. Following the completion of the transaction, the insider now directly owns 1,120,942 shares of the company's stock, valued at $11,142,163.48. The trade was a 4.27 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders have sold a total of 150,000 shares of company stock valued at $1,489,500 in the last quarter. Company insiders own 0.18% of the company's stock.

About Royce Micro-Cap Trust

Royce Micro-Cap Trust, Inc is a closed-ended equity mutual fund launched and managed Royce & Associates, LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in value stocks of companies with market capitalization of less than $500 million.