Allspring Global Investments Holdings LLC Purchases 19,049 Shares of Royce Micro-Cap Trust, Inc. (NYSE:RMT)

Allspring Global Investments Holdings LLC grew its position in Royce Micro-Cap Trust, Inc. (NYSE:RMT) by 1.7% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 1,140,342 shares of the financial services provider’s stock after buying an additional 19,049 shares during the period. Allspring Global Investments Holdings LLC owned 2.25% of Royce Micro-Cap Trust worth $10,959,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Shaker Financial Services LLC boosted its stake in Royce Micro-Cap Trust by 17.5% in the second quarter. Shaker Financial Services LLC now owns 574,290 shares of the financial services provider’s stock valued at $5,278,000 after acquiring an additional 85,571 shares during the last quarter. Blue Bell Private Wealth Management LLC grew its stake in shares of Royce Micro-Cap Trust by 39.3% during the second quarter. Blue Bell Private Wealth Management LLC now owns 318,672 shares of the financial services provider’s stock worth $2,929,000 after purchasing an additional 89,882 shares during the period. Cetera Investment Advisers increased its holdings in Royce Micro-Cap Trust by 5.1% in the second quarter. Cetera Investment Advisers now owns 291,075 shares of the financial services provider’s stock valued at $2,675,000 after purchasing an additional 14,079 shares during the last quarter. Cetera Advisors LLC acquired a new position in Royce Micro-Cap Trust in the first quarter valued at about $2,593,000. Finally, Family Firm Inc. boosted its holdings in Royce Micro-Cap Trust by 4.1% during the second quarter. Family Firm Inc. now owns 262,532 shares of the financial services provider’s stock worth $2,413,000 after buying an additional 10,439 shares during the last quarter. 34.98% of the stock is owned by institutional investors and hedge funds.

Royce Micro-Cap Trust Stock Performance

Royce Micro-Cap Trust stock opened at $9.41 on Friday. The business has a 50-day moving average of $9.56 and a 200-day moving average of $9.43. Royce Micro-Cap Trust, Inc. has a 1 year low of $7.67 and a 1 year high of $10.11.

Royce Micro-Cap Trust Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 23rd. Shareholders of record on Friday, September 13th were paid a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 7.65%. The ex-dividend date of this dividend was Friday, September 13th.

Insiders Place Their Bets

In other news, President Christopher D. Clark acquired 5,400 shares of the stock in a transaction that occurred on Friday, August 16th. The stock was acquired at an average price of $9.56 per share, for a total transaction of $51,624.00. Following the transaction, the president now directly owns 53,040 shares in the company, valued at approximately $507,062.40. This represents a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this link. Company insiders own 0.18% of the company’s stock.

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.