Apollon Wealth Management LLC Sells 3,032 Shares of Royce Micro-Cap Trust, Inc. (NYSE:RMT)

Apollon Wealth Management LLC lessened its position in Royce Micro-Cap Trust, Inc. (NYSE:RMT) by 6.9% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 40,603 shares of the financial services provider’s stock after selling 3,032 shares during the period. Apollon Wealth Management LLC owned 0.08% of Royce Micro-Cap Trust worth $390,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Alpha Financial Partners LLC bought a new stake in Royce Micro-Cap Trust in the 3rd quarter worth $101,000. Heritage Wealth Management Inc. bought a new stake in Royce Micro-Cap Trust in the 3rd quarter worth $185,000. Jaffetilchin Investment Partners LLC grew its holdings in Royce Micro-Cap Trust by 127.2% in the 1st quarter. Jaffetilchin Investment Partners LLC now owns 26,471 shares of the financial services provider’s stock worth $250,000 after acquiring an additional 14,820 shares during the last quarter. Logan Stone Capital LLC boosted its stake in shares of Royce Micro-Cap Trust by 80.4% during the 2nd quarter. Logan Stone Capital LLC now owns 37,534 shares of the financial services provider’s stock valued at $345,000 after purchasing an additional 16,725 shares in the last quarter. Finally, Hara Capital LLC boosted its stake in shares of Royce Micro-Cap Trust by 12.7% during the 3rd quarter. Hara Capital LLC now owns 42,560 shares of the financial services provider’s stock valued at $409,000 after purchasing an additional 4,800 shares in the last quarter. Institutional investors own 34.98% of the company’s stock.

Royce Micro-Cap Trust Stock Down 1.8 %

Shares of RMT opened at $9.76 on Monday. The firm’s 50-day moving average price is $9.61 and its 200-day moving average price is $9.53. Royce Micro-Cap Trust, Inc. has a 1-year low of $8.13 and a 1-year high of $10.39.

Royce Micro-Cap Trust Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, September 23rd. Stockholders of record on Friday, September 13th were paid a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 7.38%. The ex-dividend date was Friday, September 13th.

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.