EP Wealth Advisors LLC Purchases 1,184 Shares of Royce Micro-Cap Trust, Inc. (NYSE:RMT)

EP Wealth Advisors LLC raised its position in shares of Royce Micro-Cap Trust, Inc. (NYSE:RMT) by 2.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 53,266 shares of the financial services provider’s stock after acquiring an additional 1,184 shares during the period. EP Wealth Advisors LLC owned approximately 0.11% of Royce Micro-Cap Trust worth $492,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in RMT. UBS Group AG increased its holdings in Royce Micro-Cap Trust by 1.8% in the third quarter. UBS Group AG now owns 917,287 shares of the financial services provider’s stock valued at $7,595,000 after purchasing an additional 16,209 shares during the period. Wolverine Asset Management LLC boosted its position in Royce Micro-Cap Trust by 19.8% during the third quarter. Wolverine Asset Management LLC now owns 37,600 shares of the financial services provider’s stock valued at $311,000 after acquiring an additional 6,223 shares during the last quarter. AQR Arbitrage LLC boosted its position in Royce Micro-Cap Trust by 65.7% during the third quarter. AQR Arbitrage LLC now owns 114,693 shares of the financial services provider’s stock valued at $950,000 after acquiring an additional 45,469 shares during the last quarter. Advisor Resource Council bought a new position in shares of Royce Micro-Cap Trust during the 4th quarter worth about $261,000. Finally, Raymond James & Associates lifted its position in Royce Micro-Cap Trust by 7.2% in the 4th quarter. Raymond James & Associates now owns 319,549 shares of the financial services provider’s stock valued at $2,953,000 after acquiring an additional 21,426 shares in the last quarter. 34.98% of the stock is currently owned by institutional investors.

Royce Micro-Cap Trust Stock Down 0.2 %

Shares of NYSE RMT opened at $9.20 on Wednesday. Royce Micro-Cap Trust, Inc. has a fifty-two week low of $7.67 and a fifty-two week high of $9.82. The firm’s 50-day simple moving average is $9.29 and its 200 day simple moving average is $9.17.

Royce Micro-Cap Trust Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 24th. Stockholders of record on Thursday, June 13th will be paid a dividend of $0.18 per share. The ex-dividend date of this dividend is Thursday, June 13th. This represents a $0.72 annualized dividend and a dividend yield of 7.83%. This is a positive change from Royce Micro-Cap Trust’s previous quarterly dividend of $0.17.

Insider Transactions at Royce Micro-Cap Trust

In other news, President Christopher D. Clark purchased 5,000 shares of the business’s stock in a transaction on Thursday, March 21st. The stock was purchased at an average cost of $9.24 per share, with a total value of $46,200.00. Following the acquisition, the president now directly owns 45,945 shares in the company, valued at $424,531.80. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. 0.18% of the stock is currently owned by company insiders.

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.