15,179 Shares in Royce Micro-Cap Trust, Inc. (NYSE:RMT) Acquired by Revolve Wealth Partners LLC

Revolve Wealth Partners LLC bought a new position in shares of Royce Micro-Cap Trust, Inc. (NYSE:RMT) in the fourth quarter, HoldingsChannel.com reports. The firm bought 15,179 shares of the financial services provider’s stock, valued at approximately $148,000.

Several other hedge funds and other institutional investors have also bought and sold shares of RMT. Allspring Global Investments Holdings LLC raised its position in shares of Royce Micro-Cap Trust by 1.7% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 1,140,342 shares of the financial services provider’s stock worth $10,959,000 after acquiring an additional 19,049 shares in the last quarter. Shaker Financial Services LLC grew its stake in Royce Micro-Cap Trust by 7.8% in 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 purchasing an additional 44,980 shares during the last quarter. Flagship Harbor Advisors LLC raised its holdings in Royce Micro-Cap Trust by 7.9% in the fourth quarter. Flagship Harbor Advisors LLC now owns 547,408 shares of the financial services provider’s stock worth $5,337,000 after purchasing an additional 40,267 shares in the last quarter. Cetera Investment Advisers lifted its position in shares of Royce Micro-Cap Trust by 5.1% during the second quarter. Cetera Investment Advisers now owns 291,075 shares of the financial services provider’s stock valued at $2,675,000 after buying an additional 14,079 shares during the last quarter. Finally, Wolverine Asset Management LLC boosted its holdings in shares of 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 valued at $1,804,000 after buying an additional 59,299 shares in the last quarter. Institutional investors own 34.98% of the company’s stock.

Royce Micro-Cap Trust Trading Down 0.5 %

NYSE RMT opened at $9.97 on Wednesday. Royce Micro-Cap Trust, Inc. has a 52 week low of $8.59 and a 52 week high of $10.43. The company has a 50 day moving average price of $9.98 and a 200 day moving average price of $9.74.

Royce Micro-Cap Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 23rd. Stockholders of record on Thursday, December 12th were given a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 8.43%. The ex-dividend date was Thursday, December 12th.

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.