Royce Micro-Cap Trust, Inc. (NYSE:RMT) Holdings Boosted by Sapient Capital LLC

Sapient Capital LLC boosted its holdings in Royce Micro-Cap Trust, Inc. (NYSE:RMT) by 2.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 98,307 shares of the financial services provider’s stock after acquiring an additional 2,123 shares during the period. Sapient Capital LLC owned about 0.19% of Royce Micro-Cap Trust worth $958,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of RMT. Allspring Global Investments Holdings LLC boosted its position in shares of Royce Micro-Cap Trust by 1.7% during the third quarter. Allspring Global Investments Holdings LLC now owns 1,140,342 shares of the financial services provider’s stock worth $10,959,000 after buying an additional 19,049 shares during the period. International Assets Investment Management LLC boosted its position in shares of Royce Micro-Cap Trust by 879.2% during the third quarter. International Assets Investment Management LLC now owns 25,527 shares of the financial services provider’s stock worth $2,656,000 after buying an additional 22,920 shares during the period. Alpha Financial Partners LLC acquired a new position in shares of Royce Micro-Cap Trust during the third quarter worth approximately $101,000. Shaker Financial Services LLC boosted its position 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 worth $5,951,000 after buying an additional 44,980 shares during the period. Finally, 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. Institutional investors own 34.98% of the company’s stock.

Royce Micro-Cap Trust Trading Down 0.3 %

Shares of NYSE RMT opened at $10.03 on Wednesday. The stock has a 50 day simple moving average of $9.94 and a 200-day simple moving average of $9.75. 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 Dividend Announcement

The firm also recently disclosed 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. The ex-dividend date was Thursday, December 12th. This represents a $0.84 annualized dividend and a dividend yield of 8.37%.

Insider Transactions at Royce Micro-Cap Trust

In other news, insider Charles M. Royce sold 50,000 shares of the business’s stock in a transaction that occurred on Friday, January 31st. The stock was sold at an average price of $9.94, for a total transaction of $497,000.00. Following the completion of the transaction, 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 ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.18% of the company’s stock.

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.