Royce Micro-Cap Trust, Inc. (NYSE:RMT) Shares Purchased by Logan Stone Capital LLC

Logan Stone Capital LLC raised its position in Royce Micro-Cap Trust, Inc. (NYSE:RMT) by 80.4% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 37,534 shares of the financial services provider’s stock after buying an additional 16,725 shares during the quarter. Logan Stone Capital LLC owned about 0.08% of Royce Micro-Cap Trust worth $345,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of the company. ARK & TLK Investments LLC purchased a new position in shares of Royce Micro-Cap Trust during the 4th quarter worth approximately $211,000. Jaffetilchin Investment Partners LLC lifted its holdings in Royce Micro-Cap Trust by 127.2% in the first quarter. Jaffetilchin Investment Partners LLC now owns 26,471 shares of the financial services provider’s stock valued at $250,000 after acquiring an additional 14,820 shares during the period. CWM LLC acquired a new position in shares of Royce Micro-Cap Trust during the 2nd quarter worth $432,000. EP Wealth Advisors LLC increased its holdings in shares of Royce Micro-Cap Trust by 2.3% in the 4th quarter. EP Wealth Advisors LLC now owns 53,266 shares of the financial services provider’s stock valued at $492,000 after purchasing an additional 1,184 shares in the last quarter. Finally, Diversify Advisory Services LLC acquired a new stake in shares of Royce Micro-Cap Trust in the first quarter valued at about $664,000. 34.98% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Royce Micro-Cap Trust news, President Christopher D. Clark bought 5,400 shares of the company’s stock in a transaction on Friday, August 16th. The stock was purchased at an average cost of $9.56 per share, for a total transaction of $51,624.00. Following the acquisition, the president now owns 53,040 shares of the company’s stock, valued at approximately $507,062.40. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.18% of the company’s stock.

Royce Micro-Cap Trust Trading Up 0.5 %

RMT stock opened at $9.62 on Friday. The firm has a 50 day moving average of $9.54 and a 200-day moving average of $9.37. Royce Micro-Cap Trust, Inc. has a 12-month low of $7.67 and a 12-month high of $10.11.

Royce Micro-Cap Trust Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, September 23rd. Stockholders of record on Friday, September 13th were given a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 7.48%. The ex-dividend date was Friday, September 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.