Calamos Advisors LLC Acquires 21,629 Shares of Royce Micro-Cap Trust, Inc. (NYSE:RMT)

Calamos Advisors LLC grew its holdings in shares of Royce Micro-Cap Trust, Inc. (NYSE:RMT) by 146.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 36,395 shares of the financial services provider’s stock after buying an additional 21,629 shares during the quarter. Calamos Advisors LLC’s holdings in Royce Micro-Cap Trust were worth $355,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in RMT. Alpha Financial Partners LLC bought a new stake in Royce Micro-Cap Trust during the third quarter worth about $101,000. HighTower Advisors LLC bought a new stake in shares of Royce Micro-Cap Trust during the 3rd quarter worth approximately $102,000. XTX Topco Ltd bought a new stake in shares of Royce Micro-Cap Trust during the 3rd quarter worth approximately $104,000. Revolve Wealth Partners LLC bought a new stake in shares of Royce Micro-Cap Trust during the 4th quarter worth approximately $148,000. Finally, Heritage Wealth Management Inc. bought a new stake in shares of Royce Micro-Cap Trust during the 3rd quarter worth approximately $185,000. 34.98% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Royce Micro-Cap Trust news, insider Charles M. Royce sold 50,000 shares of Royce Micro-Cap Trust stock in a transaction on Wednesday, January 29th. The shares were sold at an average price of $9.88, for a total transaction of $494,000.00. Following the completion of the transaction, the insider now directly owns 1,270,942 shares of the company’s stock, valued at $12,556,906.96. The trade was a 3.79 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 0.18% of the company’s stock.

Royce Micro-Cap Trust Stock Up 1.4 %

NYSE RMT opened at $10.08 on Thursday. The firm’s fifty day moving average price is $9.96 and its two-hundred day moving average price is $9.75. Royce Micro-Cap Trust, Inc. has a 1 year low of $8.59 and a 1 year high of $10.43.

Royce Micro-Cap Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, December 23rd. Investors of record on Thursday, December 12th were issued a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 8.33%. The ex-dividend date was Thursday, December 12th.

Royce Micro-Cap Trust Company 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.