HighTower Advisors LLC Takes Position in Royce Micro-Cap Trust, Inc. (NYSE:RMT)

HighTower Advisors LLC bought a new position in Royce Micro-Cap Trust, Inc. (NYSE:RMT) in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 10,644 shares of the financial services provider’s stock, valued at approximately $102,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Captrust Financial Advisors lifted its holdings in shares of Royce Micro-Cap Trust by 5.0% in the 3rd quarter. Captrust Financial Advisors now owns 106,063 shares of the financial services provider’s stock worth $1,019,000 after acquiring an additional 5,071 shares during the last quarter. Walleye Capital LLC raised its position in Royce Micro-Cap Trust by 6.9% in the 3rd quarter. Walleye Capital LLC now owns 42,151 shares of the financial services provider’s stock worth $405,000 after purchasing an additional 2,713 shares during the period. Wolverine Asset Management LLC raised its position in Royce Micro-Cap Trust by 46.2% in the 3rd quarter. Wolverine Asset Management LLC now owns 187,725 shares of the financial services provider’s stock worth $1,804,000 after purchasing an additional 59,299 shares during the period. Heritage Wealth Management Inc. bought a new stake in Royce Micro-Cap Trust in the third quarter worth $185,000. Finally, Hara Capital LLC boosted its position in Royce Micro-Cap Trust by 12.7% during the third quarter. Hara Capital LLC now owns 42,560 shares of the financial services provider’s stock valued at $409,000 after buying an additional 4,800 shares during the period. Hedge funds and other institutional investors own 34.98% of the company’s stock.

Royce Micro-Cap Trust Stock Up 0.7 %

Shares of NYSE:RMT opened at $9.82 on Friday. The stock’s 50-day moving average price is $9.90 and its 200-day moving average price is $9.63. Royce Micro-Cap Trust, Inc. has a 12-month low of $8.59 and a 12-month high of $10.43.

Royce Micro-Cap Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 23rd. Investors of record on Thursday, December 12th were given a dividend of $0.21 per share. The ex-dividend date was Thursday, December 12th. This represents a $0.84 annualized dividend and a yield of 8.55%.

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.