Royce Micro Capital Trust Inc. (RMT) Holdings Cut by Jaffetilchin Investment Partners LLC

Jaffetilchin Investment Partners LLC cut its holdings in Royce Micro Capital Trust Inc. (NYSE:RMT) by 61.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 53,807 shares of the financial services provider’s stock after selling 84,227 shares during the quarter. Jaffetilchin Investment Partners LLC’s holdings in Royce Micro Capital Trust were worth $508,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Shaker Financial Services LLC lifted its stake in Royce Micro Capital Trust by 14.3% in the third quarter. Shaker Financial Services LLC now owns 543,598 shares of the financial services provider’s stock valued at $5,099,000 after buying an additional 68,136 shares during the period. Blue Bell Private Wealth Management LLC lifted its stake in Royce Micro Capital Trust by 19.2% in the third quarter. Blue Bell Private Wealth Management LLC now owns 74,534 shares of the financial services provider’s stock valued at $699,000 after buying an additional 12,000 shares during the period. Stifel Financial Corp lifted its stake in Royce Micro Capital Trust by 267.6% in the second quarter. Stifel Financial Corp now owns 87,824 shares of the financial services provider’s stock valued at $758,000 after buying an additional 63,935 shares during the period. Family Firm Inc. lifted its stake in Royce Micro Capital Trust by 6.5% in the third quarter. Family Firm Inc. now owns 208,105 shares of the financial services provider’s stock valued at $1,952,000 after buying an additional 12,637 shares during the period. Finally, Advisory Alpha LLC acquired a new position in Royce Micro Capital Trust in the third quarter valued at approximately $2,102,000. 28.97% of the stock is currently owned by hedge funds and other institutional investors.

Royce Micro Capital Trust Inc. (RMT) opened at $9.58 on Thursday. Royce Micro Capital Trust Inc. has a 12 month low of $8.00 and a 12 month high of $9.65.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 27th. Shareholders of record on Wednesday, December 13th were paid a $0.20 dividend. The ex-dividend date was Tuesday, December 12th. This is a positive change from Royce Micro Capital Trust’s previous quarterly dividend of $0.17. This represents a $0.80 annualized dividend and a yield of 8.35%.

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Royce Micro Capital Trust Profile

Royce Micro-Cap Trust, Inc (the Fund) is a diversified closed-end investment company. The Fund invests primarily in micro-cap securities. The Fund invests in a range of sectors, including information technology, software, technology hardware, storage and peripherals, chemicals, construction materials, containers and packaging, metals and mining, real estate, telecommunication services, utilities and miscellaneous.

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Institutional Ownership by Quarter for Royce Micro Capital Trust (NYSE:RMT)

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