Royce Micro-Cap Trust, Inc. (NYSE:RMT) Shares Purchased by International Assets Investment Management LLC

International Assets Investment Management LLC raised its position in Royce Micro-Cap Trust, Inc. (NYSE:RMT) by 846.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 23,186 shares of the financial services provider’s stock after buying an additional 20,737 shares during the quarter. International Assets Investment Management LLC’s holdings in Royce Micro-Cap Trust were worth $214,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in RMT. Commonwealth Equity Services LLC lifted its stake in Royce Micro-Cap Trust by 6.1% in the third quarter. Commonwealth Equity Services LLC now owns 130,880 shares of the financial services provider’s stock valued at $1,084,000 after buying an additional 7,538 shares during the last quarter. Raymond James & Associates lifted its stake in Royce Micro-Cap Trust by 1.1% in the third quarter. Raymond James & Associates now owns 298,123 shares of the financial services provider’s stock valued at $2,468,000 after buying an additional 3,259 shares during the last quarter. Punch & Associates Investment Management Inc. lifted its stake in Royce Micro-Cap Trust by 21.2% in the third quarter. Punch & Associates Investment Management Inc. now owns 929,785 shares of the financial services provider’s stock valued at $7,699,000 after buying an additional 162,579 shares during the last quarter. Blue Bell Private Wealth Management LLC lifted its stake in Royce Micro-Cap Trust by 1.9% in the third quarter. Blue Bell Private Wealth Management LLC now owns 205,692 shares of the financial services provider’s stock valued at $1,703,000 after buying an additional 3,819 shares during the last quarter. Finally, Shaker Financial Services LLC lifted its stake in Royce Micro-Cap Trust by 83.4% in the third quarter. Shaker Financial Services LLC now owns 261,497 shares of the financial services provider’s stock valued at $2,165,000 after buying an additional 118,924 shares during the last quarter. Hedge funds and other institutional investors own 34.98% of the company’s stock.

Insider Transactions at Royce Micro-Cap Trust

In related news, President Christopher D. Clark purchased 5,000 shares of the business’s stock in a transaction dated Thursday, March 21st. The stock was acquired at an average price of $9.24 per share, for a total transaction of $46,200.00. Following the completion of the purchase, the president now directly owns 45,945 shares of the company’s stock, valued at $424,531.80. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 0.18% of the company’s stock.

Royce Micro-Cap Trust Trading Up 1.4 %

Shares of NYSE RMT opened at $8.89 on Friday. Royce Micro-Cap Trust, Inc. has a twelve month low of $7.67 and a twelve month high of $9.51. The stock has a 50 day moving average of $9.14 and a two-hundred day moving average of $8.81.

Royce Micro-Cap Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Stockholders of record on Monday, March 11th were paid a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a dividend yield of 7.65%. The ex-dividend date was Friday, March 8th.

Royce Micro-Cap Trust 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.