Sprott Focus Trust (NASDAQ:FUND) Portfolio Manager Purchases $127,000.00 in Stock

Sprott Focus Trust (NASDAQ:FUND) Portfolio Manager W Whitney George acquired 20,000 shares of the firm’s stock in a transaction dated Monday, June 3rd. The shares were purchased at an average price of $6.35 per share, with a total value of $127,000.00. Following the acquisition, the portfolio manager now owns 5,724,552 shares of the company’s stock, valued at $36,350,905.20. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink.

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

  • On Wednesday, June 5th, W Whitney George acquired 14,670 shares of Sprott Focus Trust stock. The shares were purchased at an average price of $6.49 per share, with a total value of $95,208.30.
  • On Tuesday, May 21st, W Whitney George acquired 24,409 shares of Sprott Focus Trust stock. The shares were purchased at an average price of $6.67 per share, with a total value of $162,808.03.
  • On Thursday, May 23rd, W Whitney George acquired 63,709 shares of Sprott Focus Trust stock. The shares were purchased at an average price of $6.66 per share, with a total value of $424,301.94.
  • On Wednesday, May 8th, W Whitney George purchased 30,272 shares of Sprott Focus Trust stock. The shares were bought at an average price of $6.97 per share, with a total value of $210,995.84.
  • On Monday, May 6th, W Whitney George purchased 16,530 shares of Sprott Focus Trust stock. The shares were bought at an average price of $6.91 per share, with a total value of $114,222.30.
  • On Friday, May 3rd, W Whitney George purchased 21,906 shares of Sprott Focus Trust stock. The shares were bought at an average price of $6.99 per share, with a total value of $153,122.94.
  • On Thursday, April 25th, W Whitney George purchased 25,000 shares of Sprott Focus Trust stock. The shares were bought at an average price of $7.09 per share, with a total value of $177,250.00.
  • On Monday, April 22nd, W Whitney George purchased 25,000 shares of Sprott Focus Trust stock. The shares were bought at an average price of $7.03 per share, with a total value of $175,750.00.
  • On Thursday, April 11th, W Whitney George purchased 18,575 shares of Sprott Focus Trust stock. The shares were bought at an average price of $7.05 per share, with a total value of $130,953.75.
  • On Tuesday, April 9th, W Whitney George purchased 38,380 shares of Sprott Focus Trust stock. The shares were bought at an average price of $7.01 per share, with a total value of $269,043.80.

NASDAQ:FUND traded up $0.09 during trading on Friday, reaching $6.74. The company’s stock had a trading volume of 25,011 shares, compared to its average volume of 50,113. The company has a 50 day simple moving average of $6.54. Sprott Focus Trust has a 12 month low of $5.46 and a 12 month high of $7.94.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Friday, June 14th were paid a $0.1157 dividend. The ex-dividend date was Thursday, June 13th. This represents a $0.46 dividend on an annualized basis and a yield of 6.87%.

Large investors have recently made changes to their positions in the business. Geode Capital Management LLC bought a new position in Sprott Focus Trust in the 4th quarter valued at $465,000. Bank of America Corp DE lifted its position in shares of Sprott Focus Trust by 8.8% during the 4th quarter. Bank of America Corp DE now owns 239,213 shares of the financial services provider’s stock valued at $1,383,000 after buying an additional 19,265 shares during the last quarter. First Allied Advisory Services Inc. lifted its position in shares of Sprott Focus Trust by 67.7% during the 4th quarter. First Allied Advisory Services Inc. now owns 284,139 shares of the financial services provider’s stock valued at $1,643,000 after buying an additional 114,685 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in shares of Sprott Focus Trust by 55.0% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 348,159 shares of the financial services provider’s stock valued at $2,385,000 after buying an additional 123,564 shares during the last quarter. Finally, City of London Investment Management Co. Ltd. lifted its position in shares of Sprott Focus Trust by 3.4% during the 4th quarter. City of London Investment Management Co. Ltd. now owns 569,778 shares of the financial services provider’s stock valued at $3,299,000 after buying an additional 18,645 shares during the last quarter. Hedge funds and other institutional investors own 21.52% of the company’s stock.

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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