Fiduciary Counselling Inc buys $1.1 Million stake in Royce Micro Capital Trust (RMT)

Royce Micro Capital Trust (RMT) : Fiduciary Counselling Inc scooped up 3,528 additional shares in Royce Micro Capital Trust during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 13, 2016. The investment management firm now holds a total of 148,388 shares of Royce Micro Capital Trust which is valued at $1.1 Million.Royce Micro Capital Trust makes up approximately 4.42% of Fiduciary Counselling Inc’s portfolio.

Other Hedge Funds, Including , Weiss Asset Management Lp sold out all of its stake in RMT during the most recent quarter. The investment firm sold 31,807 shares of RMT which is valued $233,781. Coe Capital Management sold out all of its stake in RMT during the most recent quarter. The investment firm sold 19,618 shares of RMT which is valued $144,192.First Allied Advisory Services reduced its stake in RMT by selling 1,580 shares or 1.65% in the most recent quarter. The Hedge Fund company now holds 94,432 shares of RMT which is valued at $694,075. Royce Micro Capital Trust makes up approx 0.04% of First Allied Advisory Services’s portfolio. Sg Americas Securities sold out all of its stake in RMT during the most recent quarter. The investment firm sold 82,362 shares of RMT which is valued $605,361.Deschutes Portfolio Strategy boosted its stake in RMT in the latest quarter, The investment management firm added 56,417 additional shares and now holds a total of 635,994 shares of Royce Micro Capital Trust which is valued at $4.8 Million. Royce Micro Capital Trust makes up approx 2.50% of Deschutes Portfolio Strategy’s portfolio.

Royce Micro Capital Trust opened for trading at $7.36 and hit $7.44 on the upside on Wednesday, eventually ending the session at $7.38, with a gain of 0.41% or 0.03 points. The heightened volatility saw the trading volume jump to 49,013 shares. Company has a market cap of $230 M.

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 healthcare industrials consumer discretionary financials materials energy telecommunication services consumer staples and utilities. The Fund’s investment advisor is Royce & Associates LLC.

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