W Whitney George Acquires 88,878 Shares of Sprott Focus Trust (FUND) Stock

Sprott Focus Trust (NASDAQ:FUND) insider W Whitney George bought 88,878 shares of the company’s stock in a transaction on Thursday, October 11th. The stock was purchased at an average cost of $7.00 per share, with a total value of $622,146.00. Following the completion of the transaction, the insider now owns 4,861,907 shares in the company, valued at $34,033,349. The acquisition was disclosed in a legal filing with the SEC, which is available through this link.

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

  • On Tuesday, October 9th, W Whitney George bought 389 shares of Sprott Focus Trust stock. The stock was purchased at an average cost of $7.08 per share, with a total value of $2,754.12.
  • On Thursday, October 4th, W Whitney George bought 100,000 shares of Sprott Focus Trust stock. The stock was purchased at an average cost of $7.34 per share, with a total value of $734,000.00.

NASDAQ FUND opened at $6.90 on Friday. Sprott Focus Trust has a 1-year low of $6.83 and a 1-year high of $8.39.

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 28th. Stockholders of record on Friday, September 14th were given a dividend of $0.129 per share. This represents a $0.52 dividend on an annualized basis and a dividend yield of 7.48%. The ex-dividend date of this dividend was Thursday, September 13th.

Institutional investors have recently made changes to their positions in the company. Shaker Financial Services LLC acquired a new position in shares of Sprott Focus Trust during the second quarter worth about $682,000. UBS Group AG grew its position in shares of Sprott Focus Trust by 356.7% during the first quarter. UBS Group AG now owns 112,397 shares of the financial services provider’s stock worth $876,000 after buying an additional 87,784 shares in the last quarter. Finally, Wells Fargo & Company MN grew its position in shares of Sprott Focus Trust by 243.1% during the first quarter. Wells Fargo & Company MN now owns 668,603 shares of the financial services provider’s stock worth $5,208,000 after buying an additional 473,718 shares in the last quarter. 20.41% 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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