Mraz Amerine & Associates Inc. Trims Stock Position in Royce Micro-Cap Trust, Inc. (NYSE:RMT)

Mraz Amerine & Associates Inc. reduced its stake in shares of Royce Micro-Cap Trust, Inc. (NYSE:RMT) by 1.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 429,670 shares of the financial services provider’s stock after selling 4,758 shares during the quarter. Royce Micro-Cap Trust makes up about 0.8% of Mraz Amerine & Associates Inc.’s holdings, making the stock its 19th biggest holding. Mraz Amerine & Associates Inc.’s holdings in Royce Micro-Cap Trust were worth $3,970,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Steward Partners Investment Advisory LLC boosted its stake in Royce Micro-Cap Trust by 45.9% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 3,641 shares of the financial services provider’s stock worth $32,000 after purchasing an additional 1,145 shares in the last quarter. JPMorgan Chase & Co. bought a new position in Royce Micro-Cap Trust in the 4th quarter worth about $37,000. Money Concepts Capital Corp bought a new position in Royce Micro-Cap Trust in the 4th quarter worth about $55,000. Carolinas Wealth Consulting LLC boosted its stake in Royce Micro-Cap Trust by 38.7% in the 1st quarter. Carolinas Wealth Consulting LLC now owns 9,342 shares of the financial services provider’s stock worth $98,000 after purchasing an additional 2,607 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV bought a new position in Royce Micro-Cap Trust in the 3rd quarter worth about $86,000. 34.98% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Royce Micro-Cap Trust

In other Royce Micro-Cap Trust news, President Christopher D. Clark acquired 5,000 shares of the stock in a transaction dated Thursday, March 21st. The shares were purchased at an average price of $9.24 per share, for a total transaction of $46,200.00. Following the purchase, the president now directly owns 45,945 shares of the company’s stock, valued at $424,531.80. The acquisition was disclosed in a filing with the SEC, which is available at this link. Company insiders own 0.18% of the company’s stock.

Royce Micro-Cap Trust Stock Performance

Royce Micro-Cap Trust stock traded down $0.07 during mid-day trading on Wednesday, reaching $8.69. The stock had a trading volume of 128,491 shares, compared to its average volume of 113,658. The company has a 50-day moving average price of $9.22 and a two-hundred day moving average price of $8.79. Royce Micro-Cap Trust, Inc. has a one year low of $7.67 and a one year high of $9.51.

Royce Micro-Cap Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 22nd. Shareholders of record on Monday, March 11th were paid a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a yield of 7.83%. The ex-dividend date of this dividend was Friday, March 8th.

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.