Commonwealth Equity Services LLC Raises Holdings in Royce Micro-Cap Trust, Inc. (NYSE:RMT)

Commonwealth Equity Services LLC boosted its stake in shares of Royce Micro-Cap Trust, Inc. (NYSE:RMT – Get Rating) by 2.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 120,619 shares of the financial services provider’s stock after acquiring an additional 3,407 shares during the quarter. Commonwealth Equity Services LLC owned 0.26% of Royce Micro-Cap Trust worth $1,046,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Allspring Global Investments Holdings LLC raised its position in Royce Micro-Cap Trust by 46.0% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 1,138,994 shares of the financial services provider’s stock valued at $9,886,000 after purchasing an additional 358,979 shares during the last quarter. UBS Group AG increased its position in Royce Micro-Cap Trust by 5.0% during the 3rd quarter. UBS Group AG now owns 949,732 shares of the financial services provider’s stock valued at $7,531,000 after buying an additional 45,406 shares in the last quarter. Advisors Asset Management Inc. increased its position in Royce Micro-Cap Trust by 6.6% during the 3rd quarter. Advisors Asset Management Inc. now owns 941,975 shares of the financial services provider’s stock valued at $7,470,000 after buying an additional 58,005 shares in the last quarter. Shaker Financial Services LLC increased its position in Royce Micro-Cap Trust by 20.1% during the 3rd quarter. Shaker Financial Services LLC now owns 654,579 shares of the financial services provider’s stock valued at $5,191,000 after buying an additional 109,432 shares in the last quarter. Finally, Mraz Amerine & Associates Inc. boosted its stake in Royce Micro-Cap Trust by 8.5% during the 4th quarter. Mraz Amerine & Associates Inc. now owns 377,887 shares of the financial services provider’s stock valued at $3,280,000 after purchasing an additional 29,458 shares during the last quarter. 29.47% of the stock is currently owned by hedge funds and other institutional investors.

Royce Micro-Cap Trust Trading Down 0.6 %

Shares of RMT opened at $8.24 on Monday. The business’s fifty day simple moving average is $8.37 and its two-hundred day simple moving average is $8.90. Royce Micro-Cap Trust, Inc. has a 12 month low of $7.76 and a 12 month high of $9.98.

Royce Micro-Cap Trust Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 24th. Shareholders of record on Monday, March 13th were paid a dividend of $0.18 per share. The ex-dividend date of this dividend was Friday, March 10th. This represents a $0.72 annualized dividend and a yield of 8.74%.

Royce Micro-Cap Trust Profile

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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.