124,229 Shares in Royce Micro-Cap Trust, Inc. (NYSE:RMT) Purchased by Sanctuary Advisors LLC

Sanctuary Advisors LLC purchased a new stake in shares of Royce Micro-Cap Trust, Inc. (NYSE:RMT - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 124,229 shares of the financial services provider's stock, valued at approximately $1,104,000. Sanctuary Advisors LLC owned 0.25% of Royce Micro-Cap Trust as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. ARK & TLK Investments LLC purchased a new position in Royce Micro-Cap Trust during the fourth quarter valued at $211,000. Jaffetilchin Investment Partners LLC lifted its holdings in Royce Micro-Cap Trust by 127.2% during the first quarter. Jaffetilchin Investment Partners LLC now owns 26,471 shares of the financial services provider's stock valued at $250,000 after purchasing an additional 14,820 shares in the last quarter. Logan Stone Capital LLC lifted its holdings in Royce Micro-Cap Trust by 80.4% during the second 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 in the last quarter. CWM LLC purchased a new position in Royce Micro-Cap Trust during the second quarter valued at $432,000. Finally, EP Wealth Advisors LLC lifted its holdings in Royce Micro-Cap Trust by 2.3% during the fourth quarter. EP Wealth Advisors LLC now owns 53,266 shares of the financial services provider's stock valued at $492,000 after purchasing an additional 1,184 shares in the last quarter. Institutional investors and hedge funds own 34.98% of the company's stock.

Royce Micro-Cap Trust Stock Performance

RMT traded up $0.19 during midday trading on Friday, hitting $9.63. 114,993 shares of the company traded hands, compared to its average volume of 98,902. Royce Micro-Cap Trust, Inc. has a 52-week low of $7.67 and a 52-week high of $10.11. The business has a 50 day simple moving average of $9.48 and a two-hundred day simple moving average of $9.40.

Royce Micro-Cap Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 23rd. Shareholders of record on Friday, September 13th were issued a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a yield of 7.48%. The ex-dividend date of this dividend was Friday, September 13th.

Insider Transactions at Royce Micro-Cap Trust

In other Royce Micro-Cap Trust news, President Christopher D. Clark purchased 5,400 shares of the firm's stock in a transaction dated Friday, August 16th. The shares were purchased at an average cost of $9.56 per share, with a total value of $51,624.00. Following the completion of the purchase, the president now owns 53,040 shares in the company, valued at approximately $507,062.40. This represents a 0.00 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this link. 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.