Flagship Harbor Advisors LLC boosted its stake in shares of Royce Micro-Cap Trust, Inc. (NYSE:RMT - Free Report) by 7.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 547,408 shares of the financial services provider's stock after purchasing an additional 40,267 shares during the period. Flagship Harbor Advisors LLC owned about 1.08% of Royce Micro-Cap Trust worth $5,337,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Logan Stone Capital LLC grew its stake in shares of Royce Micro-Cap Trust by 80.4% during the 2nd quarter. Logan Stone Capital LLC now owns 37,534 shares of the financial services provider's stock valued at $345,000 after purchasing an additional 16,725 shares during the period. Cetera Investment Advisers boosted its holdings in shares of Royce Micro-Cap Trust by 5.1% in the second quarter. Cetera Investment Advisers now owns 291,075 shares of the financial services provider's stock worth $2,675,000 after buying an additional 14,079 shares during the last quarter. Sanctuary Advisors LLC bought a new stake in Royce Micro-Cap Trust during the second quarter valued at approximately $1,104,000. Allspring Global Investments Holdings LLC grew its position in Royce Micro-Cap Trust by 1.7% during the third quarter. Allspring Global Investments Holdings LLC now owns 1,140,342 shares of the financial services provider's stock valued at $10,959,000 after buying an additional 19,049 shares during the period. Finally, International Assets Investment Management LLC increased its holdings in Royce Micro-Cap Trust by 879.2% during the third quarter. International Assets Investment Management LLC now owns 25,527 shares of the financial services provider's stock valued at $2,656,000 after buying an additional 22,920 shares during the last quarter. Hedge funds and other institutional investors own 34.98% of the company's stock.
Royce Micro-Cap Trust Trading Down 0.0 %
Shares of Royce Micro-Cap Trust stock traded down $0.00 on Friday, hitting $10.20. 90,798 shares of the company's stock were exchanged, compared to its average volume of 82,623. Royce Micro-Cap Trust, Inc. has a 1 year low of $8.59 and a 1 year high of $10.43. The company has a 50-day simple moving average of $9.98 and a 200-day simple moving average of $9.73.
Royce Micro-Cap Trust Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Monday, December 23rd. Shareholders of record on Thursday, December 12th were given a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a yield of 8.24%. The ex-dividend date was Thursday, December 12th.
Royce Micro-Cap Trust Company Profile
(
Free Report)
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.
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