Royce Micro-Cap Trust, Inc. (NYSE:RMT) Shares Sold by WealthShield Partners LLC

WealthShield Partners LLC decreased its position in shares of Royce Micro-Cap Trust, Inc. (NYSE:RMT) by 11.0% in the 4th quarter, HoldingsChannel.com reports. The fund owned 36,301 shares of the financial services provider’s stock after selling 4,489 shares during the quarter. WealthShield Partners LLC’s holdings in Royce Micro-Cap Trust were worth $354,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. International Assets Investment Management LLC boosted its stake in Royce Micro-Cap Trust by 879.2% during the 3rd quarter. International Assets Investment Management LLC now owns 25,527 shares of the financial services provider’s stock valued at $2,656,000 after purchasing an additional 22,920 shares during the period. Shaker Financial Services LLC raised its holdings in shares of Royce Micro-Cap Trust by 7.8% during 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 buying an additional 44,980 shares during the last quarter. Hara Capital LLC boosted its position in shares of 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 worth $409,000 after buying an additional 4,800 shares during the period. Heritage Wealth Management Inc. acquired a new position in shares of Royce Micro-Cap Trust during the third quarter worth approximately $185,000. Finally, Wolverine Asset Management LLC grew its holdings 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 buying an additional 59,299 shares in the last quarter. Institutional investors own 34.98% of the company’s stock.

Insider Buying and Selling

In other Royce Micro-Cap Trust news, insider Charles M. Royce sold 50,000 shares of the business’s stock in a transaction dated Friday, January 31st. The shares were sold at an average price of $9.94, for a total transaction of $497,000.00. Following the sale, the insider now directly owns 1,120,942 shares in the company, valued at approximately $11,142,163.48. The trade was a 4.27 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders sold 150,000 shares of company stock valued at $1,489,500 over the last 90 days. 0.18% of the stock is currently owned by company insiders.

Royce Micro-Cap Trust Stock Down 1.1 %

Shares of Royce Micro-Cap Trust stock opened at $9.44 on Tuesday. Royce Micro-Cap Trust, Inc. has a 1-year low of $8.59 and a 1-year high of $10.43. The business’s fifty day moving average price is $9.88 and its two-hundred day moving average price is $9.78.

Royce Micro-Cap Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 23rd. Investors of record on Thursday, December 12th were paid a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 8.90%. The ex-dividend date was Thursday, December 12th.

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.