Royce Micro-Cap Trust, Inc. (NYSE:RMT) Shares Bought by Flagship Harbor Advisors LLC

Flagship Harbor Advisors LLC grew its stake in Royce Micro-Cap Trust, Inc. (NYSE:RMT) by 7.9% during the 4th quarter, HoldingsChannel reports. The firm owned 547,408 shares of the financial services provider’s stock after buying an additional 40,267 shares during the quarter. Flagship Harbor Advisors LLC’s holdings in Royce Micro-Cap Trust were worth $5,337,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also bought and sold shares of RMT. Allspring Global Investments Holdings LLC boosted its holdings in Royce Micro-Cap Trust by 1.7% during the 3rd 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. Shaker Financial Services LLC increased its holdings in shares of Royce Micro-Cap Trust by 7.8% in the third quarter. Shaker Financial Services LLC now owns 619,270 shares of the financial services provider’s stock valued at $5,951,000 after purchasing an additional 44,980 shares during the period. Cetera Investment Advisers increased 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 valued at $2,675,000 after purchasing an additional 14,079 shares during the period. Wolverine Asset Management LLC boosted its stake in shares of Royce Micro-Cap Trust by 46.2% in the third quarter. Wolverine Asset Management LLC now owns 187,725 shares of the financial services provider’s stock valued at $1,804,000 after buying an additional 59,299 shares in the last quarter. Finally, Sanctuary Advisors LLC purchased a new stake in shares of Royce Micro-Cap Trust in the second quarter valued at approximately $1,104,000. Hedge funds and other institutional investors own 34.98% of the company’s stock.

Royce Micro-Cap Trust Stock Performance

Shares of NYSE:RMT opened at $10.20 on Friday. Royce Micro-Cap Trust, Inc. has a 52-week low of $8.59 and a 52-week high of $10.43. The stock’s fifty day simple moving average is $9.98 and its 200-day simple moving average is $9.73.

Royce Micro-Cap Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 23rd. Stockholders of record on Thursday, December 12th were given a $0.21 dividend. The ex-dividend date of this dividend was Thursday, December 12th. This represents a $0.84 annualized dividend and a dividend yield of 8.24%.

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.