Mraz Amerine & Associates Inc. Has $3.36 Million Position in ROYCE OTC MICRO $RMT

Mraz Amerine & Associates Inc. trimmed its stake in shares of ROYCE OTC MICRO (NYSE:RMT) by 1.5% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 363,426 shares of the financial services provider’s stock after selling 5,598 shares during the quarter. ROYCE OTC MICRO makes up about 0.5% of Mraz Amerine & Associates Inc.’s portfolio, making the stock its 27th largest holding. Mraz Amerine & Associates Inc. owned about 0.72% of ROYCE OTC MICRO worth $3,362,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Modern Wealth Management LLC boosted its position in ROYCE OTC MICRO by 11.0% in the first quarter. Modern Wealth Management LLC now owns 1,074,754 shares of the financial services provider’s stock valued at $9,060,000 after buying an additional 106,092 shares in the last quarter. Shaker Financial Services LLC boosted its holdings in shares of ROYCE OTC MICRO by 23.5% during the 1st quarter. Shaker Financial Services LLC now owns 907,197 shares of the financial services provider’s stock valued at $7,648,000 after acquiring an additional 172,411 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its holdings in shares of ROYCE OTC MICRO by 7.3% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 745,898 shares of the financial services provider’s stock valued at $6,288,000 after acquiring an additional 50,461 shares in the last quarter. LPL Financial LLC grew its position in ROYCE OTC MICRO by 13.3% during the 1st quarter. LPL Financial LLC now owns 671,106 shares of the financial services provider’s stock worth $5,657,000 after acquiring an additional 78,528 shares during the last quarter. Finally, Blue Bell Private Wealth Management LLC increased its holdings in ROYCE OTC MICRO by 6.8% in the 1st quarter. Blue Bell Private Wealth Management LLC now owns 461,992 shares of the financial services provider’s stock worth $3,895,000 after purchasing an additional 29,481 shares in the last quarter. Institutional investors own 34.98% of the company’s stock.

ROYCE OTC MICRO Trading Up 1.3%

ROYCE OTC MICRO stock opened at $10.54 on Tuesday. ROYCE OTC MICRO has a 12 month low of $7.25 and a 12 month high of $10.65. The stock has a 50-day moving average price of $10.04 and a two-hundred day moving average price of $9.18.

ROYCE OTC MICRO Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 25th. Investors of record on Friday, September 12th were issued a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 6.8%. The ex-dividend date was Friday, September 12th.

ROYCE OTC MICRO 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.