Boothbay Fund Management LLC decreased its position in Richardson Electronics, Ltd. (NASDAQ:RELL) by 42.8% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 18,259 shares of the technology company’s stock after selling 13,649 shares during the quarter. Boothbay Fund Management LLC owned about 0.14% of Richardson Electronics worth $109,000 as of its most recent filing with the SEC.

Separately, Mutual of America Capital Management LLC grew its stake in shares of Richardson Electronics by 0.9% in the 2nd quarter. Mutual of America Capital Management LLC now owns 688,605 shares of the technology company’s stock valued at $4,111,000 after buying an additional 5,951 shares in the last quarter. Hedge funds and other institutional investors own 45.39% of the company’s stock.

Shares of Richardson Electronics, Ltd. (NASDAQ:RELL) opened at $6.47 on Friday. Richardson Electronics, Ltd. has a 12 month low of $5.31 and a 12 month high of $6.88.

The company also recently declared a quarterly dividend, which was paid on Wednesday, November 22nd. Investors of record on Tuesday, November 7th were paid a $0.06 dividend. The ex-dividend date was Monday, November 6th. This represents a $0.24 annualized dividend and a dividend yield of 3.71%. Richardson Electronics’s payout ratio is -72.73%.

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About Richardson Electronics

Richardson Electronics, Ltd. is a provider of engineered solutions, power grid and microwave tubes, and related consumables; power conversion, and radio frequency (RF) and microwave components; high value displays, flat panel detector solutions and replacement parts for diagnostic imaging equipment, and customized display solutions.

Institutional Ownership by Quarter for Richardson Electronics (NASDAQ:RELL)

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