Hara Capital LLC Has $409,000 Position in Royce Micro-Cap Trust, Inc. (NYSE:RMT)

Hara Capital LLC increased its holdings in Royce Micro-Cap Trust, Inc. (NYSE:RMT) by 12.7% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 42,560 shares of the financial services provider’s stock after purchasing an additional 4,800 shares during the period. Hara Capital LLC owned approximately 0.08% of Royce Micro-Cap Trust worth $409,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Cetera Advisors LLC acquired a new position in shares of Royce Micro-Cap Trust in the 1st quarter worth approximately $2,593,000. Allspring Global Investments Holdings LLC grew its position in Royce Micro-Cap Trust by 1.7% in 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 acquiring an additional 19,049 shares during the period. Sanctuary Advisors LLC acquired a new position in Royce Micro-Cap Trust during the second quarter worth $1,104,000. CWM LLC bought a new position in shares of Royce Micro-Cap Trust during the second quarter valued at $432,000. Finally, Wolverine Asset Management LLC grew its holdings in shares of Royce Micro-Cap Trust by 579.1% in the 2nd quarter. Wolverine Asset Management LLC now owns 128,426 shares of the financial services provider’s stock worth $1,180,000 after purchasing an additional 109,516 shares during the last quarter. Institutional investors own 34.98% of the company’s stock.

Royce Micro-Cap Trust Trading Up 0.5 %

Shares of Royce Micro-Cap Trust stock traded up $0.05 during mid-day trading on Thursday, reaching $10.09. 37,751 shares of the stock were exchanged, compared to its average volume of 98,286. Royce Micro-Cap Trust, Inc. has a fifty-two week low of $7.79 and a fifty-two week high of $10.11. The firm has a 50-day simple moving average of $9.53 and a 200 day simple moving average of $9.47.

Royce Micro-Cap Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 23rd. Stockholders of record on Friday, September 13th were issued a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 7.14%. The ex-dividend date of this dividend was Friday, September 13th.

Insider Activity

In other Royce Micro-Cap Trust news, President Christopher D. Clark purchased 5,400 shares of the firm’s stock in a transaction that occurred on Friday, August 16th. The shares were acquired at an average cost of $9.56 per share, for a total transaction of $51,624.00. Following the transaction, the president now directly owns 53,040 shares in the company, valued at approximately $507,062.40. The trade was a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this link. 0.18% of the stock is currently owned by corporate insiders.

Royce Micro-Cap Trust Company Profile

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.