Blue Bell Private Wealth Management LLC Raises Position in Royce Micro-Cap Trust, Inc. (NYSE:RMT)

Blue Bell Private Wealth Management LLC increased its holdings in Royce Micro-Cap Trust, Inc. (NYSE:RMT) by 14.4% during the fourth quarter, Holdings Channel.com reports. The firm owned 432,511 shares of the financial services provider’s stock after acquiring an additional 54,366 shares during the quarter. Royce Micro-Cap Trust accounts for 0.8% of Blue Bell Private Wealth Management LLC’s investment portfolio, making the stock its 19th largest holding. Blue Bell Private Wealth Management LLC’s holdings in Royce Micro-Cap Trust were worth $4,217,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the business. Sapient Capital LLC raised its position in Royce Micro-Cap Trust by 2.2% in the 4th quarter. Sapient Capital LLC now owns 98,307 shares of the financial services provider’s stock worth $958,000 after purchasing an additional 2,123 shares during the period. 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. EP Wealth Advisors LLC grew its holdings in Royce Micro-Cap Trust by 5.6% in the 3rd quarter. EP Wealth Advisors LLC now owns 58,294 shares of the financial services provider’s stock worth $560,000 after acquiring an additional 3,109 shares during the last quarter. Hara Capital LLC grew its holdings in Royce Micro-Cap Trust by 12.7% in the 3rd quarter. Hara Capital LLC now owns 42,560 shares of the financial services provider’s stock worth $409,000 after acquiring an additional 4,800 shares during the last quarter. Finally, Captrust Financial Advisors grew its holdings in 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. Hedge funds and other institutional investors own 34.98% of the company’s stock.

Insiders Place Their Bets

In other Royce Micro-Cap Trust news, insider Charles M. Royce sold 50,000 shares of the firm’s stock in a transaction on Friday, January 31st. The shares were sold at an average price of $9.94, for a total value of $497,000.00. Following the sale, the insider now owns 1,120,942 shares of the company’s stock, valued at $11,142,163.48. This trade represents a 4.27 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold a total of 150,000 shares of company stock valued at $1,489,500 in the last quarter. Insiders own 0.18% of the company’s stock.

Royce Micro-Cap Trust Price Performance

Shares of Royce Micro-Cap Trust stock opened at $8.84 on Friday. Royce Micro-Cap Trust, Inc. has a 12-month low of $8.59 and a 12-month high of $10.43. The company’s fifty day simple moving average is $9.79 and its two-hundred day simple moving average is $9.76.

Royce Micro-Cap Trust Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 26th. Shareholders of record on Thursday, March 13th will be issued a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 8.60%. The ex-dividend date of this dividend is Thursday, March 13th.

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.