Wolverine Asset Management LLC Sells 158,611 Shares of Royce Otc Micro $RMT

Key Points

• Wolverine Asset Management trimmed its stake in Royce Otc Micro (NYSE:RMT) by 44.4% in Q4, selling 158,611 shares and now owning 198,321 shares valued at about $2.07 million (≈0.38% of the company).
• Other institutions were active: Revolve Wealth opened a new $148k position while RBC, NewEdge, Guggenheim and Bank of America all increased holdings, leaving institutional ownership at roughly 34.98%.
• RMT opened at $13.40 (one‑year range $8.14–$13.64) and recently paid a quarterly dividend of $0.19 ($0.76 annualized), implying a yield of about 5.7%.

Wolverine Asset Management LLC trimmed its position in shares of Royce Otc Micro (NYSE:RMT - Free Report) by 44.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 198,321 shares of the financial services provider's stock after selling 158,611 shares during the quarter. Wolverine Asset Management LLC owned 0.38% of Royce Otc Micro worth $2,068,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of RMT. Revolve Wealth Partners LLC bought a new position in shares of Royce Otc Micro during the 4th quarter valued at $148,000. Royal Bank of Canada lifted its holdings in shares of Royce Otc Micro by 5.2% during the 1st quarter. Royal Bank of Canada now owns 207,934 shares of the financial services provider's stock valued at $1,753,000 after buying an additional 10,290 shares during the period. NewEdge Advisors LLC lifted its holdings in shares of Royce Otc Micro by 9.6% during the 1st quarter. NewEdge Advisors LLC now owns 30,469 shares of the financial services provider's stock valued at $257,000 after buying an additional 2,675 shares during the period. Guggenheim Capital LLC lifted its holdings in shares of Royce Otc Micro by 6.6% during the 2nd quarter. Guggenheim Capital LLC now owns 82,969 shares of the financial services provider's stock valued at $767,000 after buying an additional 5,122 shares during the period. Finally, Bank of America Corp DE lifted its holdings in shares of Royce Otc Micro by 0.5% during the 2nd quarter. Bank of America Corp DE now owns 533,966 shares of the financial services provider's stock valued at $4,939,000 after buying an additional 2,860 shares during the period. 34.98% of the stock is owned by institutional investors.

Royce Otc Micro Stock Performance

NYSE:RMT opened at $13.40 on Tuesday. Royce Otc Micro has a one year low of $8.14 and a one year high of $13.64. The business has a fifty day moving average price of $12.12 and a 200-day moving average price of $11.29.

Royce Otc Micro Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 30th. Stockholders of record on Thursday, March 12th were paid a $0.19 dividend. This represents a $0.76 annualized dividend and a dividend yield of 5.7%. The ex-dividend date was Thursday, March 12th.

Royce Otc Micro Company Profile

Royce Micro-Cap Trust, Inc NYSE: RMT is a closed-end management investment company primarily focused on micro-capitalization equity securities. The trust seeks long-term capital appreciation by investing in small U.S. companies that, due to their relatively low market values, often receive less attention from larger institutional investors.

Managed by Royce & Associates, LLC, RMT employs a fundamental, value-oriented investment strategy grounded in in-depth, bottom-up research. Portfolio managers analyze financial statements, market trends and company management to identify undervalued firms with the potential for significant growth.

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