Sprott Focus Trust, Inc. (NASDAQ:FUND – Get Free Report) Portfolio Manager W Whitney George sold 26,000 shares of the stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of $7.58, for a total value of $197,080.00. Following the sale, the portfolio manager now directly owns 321,114 shares of the company’s stock, valued at $2,434,044.12. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
Sprott Focus Trust Price Performance
FUND opened at $7.71 on Friday. The business has a 50 day simple moving average of $7.73 and a 200-day simple moving average of $7.74. Sprott Focus Trust, Inc. has a 12 month low of $6.75 and a 12 month high of $8.11.
Sprott Focus Trust Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Monday, September 16th were issued a $0.1301 dividend. This is a boost from Sprott Focus Trust’s previous quarterly dividend of $0.13. This represents a $0.52 annualized dividend and a dividend yield of 6.75%. The ex-dividend date of this dividend was Monday, September 16th.
Institutional Trading of Sprott Focus Trust
Sprott Focus Trust Company Profile
Sprott Focus Trust, Inc is a closed-ended equity mutual fund launched and managed by Sprott Asset Management, LP. The fund is co-managed by Sprott Asset Management USA Inc It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors.
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