Royce Micro-Cap Trust, Inc. (RMT) Shares Sold by Raymond James & Associates

Raymond James & Associates lessened its holdings in Royce Micro-Cap Trust, Inc. (NYSE:RMT) by 23.0% during the 4th quarter, Holdings Channel reports. The fund owned 161,309 shares of the financial services provider’s stock after selling 48,049 shares during the period. Raymond James & Associates’ holdings in Royce Micro-Cap Trust were worth $1,523,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. Advisor Group Inc. grew its position in Royce Micro-Cap Trust by 39.6% in the 4th quarter. Advisor Group Inc. now owns 31,375 shares of the financial services provider’s stock valued at $296,000 after acquiring an additional 8,895 shares during the last quarter. AlphaStar Capital Management LLC bought a new position in Royce Micro-Cap Trust in the 4th quarter valued at $494,000. Raymond James Financial Services Advisors Inc. grew its position in Royce Micro-Cap Trust by 27.2% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 32,088 shares of the financial services provider’s stock valued at $303,000 after acquiring an additional 6,858 shares during the last quarter. First Allied Advisory Services Inc. grew its position in Royce Micro-Cap Trust by 43.6% in the 4th quarter. First Allied Advisory Services Inc. now owns 172,458 shares of the financial services provider’s stock valued at $1,630,000 after acquiring an additional 52,334 shares during the last quarter. Finally, Mraz Amerine & Associates Inc. grew its position in Royce Micro-Cap Trust by 5.3% in the 4th quarter. Mraz Amerine & Associates Inc. now owns 148,019 shares of the financial services provider’s stock valued at $1,397,000 after acquiring an additional 7,414 shares during the last quarter. 27.21% of the stock is currently owned by institutional investors.

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Shares of Royce Micro-Cap Trust stock opened at $9.71 on Tuesday. Royce Micro-Cap Trust, Inc. has a 52 week low of $8.09 and a 52 week high of $9.99.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 23rd. Shareholders of record on Monday, March 12th were given a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 7.42%. The ex-dividend date was Friday, March 9th.

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Royce Micro-Cap Trust Company 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.

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Institutional Ownership by Quarter for Royce Micro-Cap Trust (NYSE:RMT)

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