Blue Bell Private Wealth Management LLC Grows Stock Holdings in Royce Otc Micro (NYSE:RMT)

Blue Bell Private Wealth Management LLC grew its position in shares of Royce Otc Micro (NYSE:RMT - Free Report) by 6.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 461,992 shares of the financial services provider's stock after acquiring an additional 29,481 shares during the period. Royce Otc Micro comprises 0.7% of Blue Bell Private Wealth Management LLC's portfolio, making the stock its 21st largest position. Blue Bell Private Wealth Management LLC owned 0.91% of Royce Otc Micro worth $3,895,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of RMT. Oppenheimer & Co. Inc. purchased a new position in shares of Royce Otc Micro during the first quarter valued at approximately $124,000. Revolve Wealth Partners LLC bought a new position in Royce Otc Micro during the 4th quarter valued at approximately $148,000. Comprehensive Money Management Services LLC purchased a new position in Royce Otc Micro during the fourth quarter valued at $149,000. Jaffetilchin Investment Partners LLC raised its stake in Royce Otc Micro by 12.5% during the fourth quarter. Jaffetilchin Investment Partners LLC now owns 15,418 shares of the financial services provider's stock valued at $150,000 after buying an additional 1,714 shares during the last quarter. Finally, Heritage Wealth Management Inc. bought a new stake in Royce Otc Micro in the first quarter worth $166,000. 34.98% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other Royce Otc Micro news, insider Charles M. Royce sold 43,229 shares of Royce Otc Micro stock in a transaction on Monday, May 5th. The shares were sold at an average price of $8.31, for a total value of $359,232.99. Following the sale, the insider directly owned 798,970 shares in the company, valued at approximately $6,639,440.70. The trade was a 5.13% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 0.18% of the company's stock.

Royce Otc Micro Stock Performance

Shares of NYSE RMT opened at $9.48 on Friday. Royce Otc Micro has a 12-month low of $7.25 and a 12-month high of $10.43. The firm has a 50 day moving average of $9.05 and a 200 day moving average of $9.01.

Royce Otc Micro Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 25th. Stockholders of record on Thursday, June 12th were paid a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 7.59%. The ex-dividend date was Thursday, June 12th.

About Royce Otc Micro

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.

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