Stifel Financial Corp Sells 4,908 Shares of Royce Micro-Cap Trust, Inc. (NYSE:RMT)

Stifel Financial Corp decreased its position in Royce Micro-Cap Trust, Inc. (NYSE:RMT) by 8.2% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 55,150 shares of the financial services provider’s stock after selling 4,908 shares during the quarter. Stifel Financial Corp owned approximately 0.11% of Royce Micro-Cap Trust worth $530,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Moors & Cabot Inc. grew its position in shares of Royce Micro-Cap Trust by 2.0% in the 2nd quarter. Moors & Cabot Inc. now owns 107,199 shares of the financial services provider’s stock worth $985,000 after buying an additional 2,064 shares during the period. Walleye Capital LLC boosted its stake in Royce Micro-Cap Trust by 6.9% during the third quarter. Walleye Capital LLC now owns 42,151 shares of the financial services provider’s stock worth $405,000 after acquiring an additional 2,713 shares in the last quarter. Hara Capital LLC boosted its stake in Royce Micro-Cap Trust by 12.7% during the third quarter. Hara Capital LLC now owns 42,560 shares of the financial services provider’s stock worth $409,000 after acquiring an additional 4,800 shares in the last quarter. Captrust Financial Advisors grew its holdings in Royce Micro-Cap Trust by 5.0% in the third quarter. Captrust Financial Advisors now owns 106,063 shares of the financial services provider’s stock worth $1,019,000 after purchasing an additional 5,071 shares during the period. Finally, Alpha Financial Partners LLC bought a new position in shares of Royce Micro-Cap Trust during the third quarter valued at approximately $101,000. Institutional investors own 34.98% of the company’s stock.

Royce Micro-Cap Trust Price Performance

Shares of RMT opened at $9.82 on Friday. The business’s 50 day moving average price is $9.90 and its 200-day moving average price is $9.63. Royce Micro-Cap Trust, Inc. has a 52 week low of $8.59 and a 52 week high of $10.43.

Royce Micro-Cap Trust Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, December 23rd. Shareholders of record on Thursday, December 12th were issued a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 8.55%. The ex-dividend date was Thursday, December 12th.

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.