Sprott Focus Trust (NASDAQ:FUND) Portfolio Manager W Whitney George Purchases 44,024 Shares of Stock

Sprott Focus Trust (NASDAQ:FUND) Portfolio Manager W Whitney George bought 44,024 shares of Sprott Focus Trust stock in a transaction that occurred on Tuesday, March 24th. The stock was bought at an average cost of $5.00 per share, for a total transaction of $220,120.00. Following the purchase, the portfolio manager now owns 6,248,960 shares in the company, valued at approximately $31,244,800. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

W Whitney George also recently made the following trade(s):

  • On Wednesday, March 18th, W Whitney George bought 63,760 shares of Sprott Focus Trust stock. The stock was bought at an average cost of $4.48 per share, for a total transaction of $285,644.80.
  • On Thursday, March 12th, W Whitney George bought 40,000 shares of Sprott Focus Trust stock. The shares were bought at an average price of $4.92 per share, for a total transaction of $196,800.00.
  • On Monday, March 16th, W Whitney George purchased 179,794 shares of Sprott Focus Trust stock. The stock was bought at an average cost of $4.63 per share, with a total value of $832,446.22.
  • On Friday, February 28th, W Whitney George purchased 40,000 shares of Sprott Focus Trust stock. The stock was bought at an average cost of $6.42 per share, with a total value of $256,800.00.
  • On Monday, February 24th, W Whitney George acquired 19,058 shares of Sprott Focus Trust stock. The stock was bought at an average price of $7.20 per share, for a total transaction of $137,217.60.
  • On Wednesday, February 26th, W Whitney George acquired 64,257 shares of Sprott Focus Trust stock. The shares were bought at an average cost of $6.96 per share, for a total transaction of $447,228.72.
  • On Tuesday, February 4th, W Whitney George acquired 800 shares of Sprott Focus Trust stock. The shares were bought at an average price of $7.25 per share, with a total value of $5,800.00.
  • On Thursday, February 6th, W Whitney George acquired 29,280 shares of Sprott Focus Trust stock. The shares were bought at an average price of $7.37 per share, with a total value of $215,793.60.
  • On Thursday, January 23rd, W Whitney George bought 2,266 shares of Sprott Focus Trust stock. The stock was purchased at an average cost of $7.42 per share, with a total value of $16,813.72.
  • On Monday, January 27th, W Whitney George bought 34,066 shares of Sprott Focus Trust stock. The stock was purchased at an average cost of $7.25 per share, with a total value of $246,978.50.

NASDAQ:FUND traded up $0.22 on Thursday, reaching $5.22. The stock had a trading volume of 25,096 shares, compared to its average volume of 108,956. Sprott Focus Trust has a 12-month low of $4.00 and a 12-month high of $7.49. The firm’s fifty day moving average is $6.34 and its two-hundred day moving average is $6.87.

The company also recently declared a quarterly dividend, which will be paid on Friday, March 27th. Stockholders of record on Friday, March 13th will be issued a dividend of $0.1159 per share. The ex-dividend date of this dividend is Thursday, March 12th. This represents a $0.46 dividend on an annualized basis and a dividend yield of 8.88%.

Several large investors have recently bought and sold shares of the company. City of London Investment Management Co. Ltd. grew its position in shares of Sprott Focus Trust by 30.0% in the fourth quarter. City of London Investment Management Co. Ltd. now owns 793,132 shares of the financial services provider’s stock valued at $5,845,000 after purchasing an additional 182,987 shares during the period. Shaker Financial Services LLC increased its stake in Sprott Focus Trust by 20.9% in the fourth quarter. Shaker Financial Services LLC now owns 761,579 shares of the financial services provider’s stock valued at $5,605,000 after purchasing an additional 131,777 shares during the last quarter. Rivernorth Capital Management LLC lifted its position in Sprott Focus Trust by 3.3% during the fourth quarter. Rivernorth Capital Management LLC now owns 587,935 shares of the financial services provider’s stock worth $4,327,000 after buying an additional 18,879 shares during the period. Stifel Financial Corp lifted its position in Sprott Focus Trust by 15.2% during the fourth quarter. Stifel Financial Corp now owns 218,824 shares of the financial services provider’s stock worth $1,610,000 after buying an additional 28,928 shares during the period. Finally, UBS Group AG boosted its stake in Sprott Focus Trust by 3.2% in the 4th quarter. UBS Group AG now owns 93,886 shares of the financial services provider’s stock worth $691,000 after buying an additional 2,901 shares during the last quarter. 20.78% of the stock is owned by institutional investors and hedge funds.

Sprott Focus Trust Company Profile

There is no company description available for Sprott Focus Trust Inc.

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Insider Buying and Selling by Quarter for Sprott Focus Trust (NASDAQ:FUND)

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