Belpointe Asset Management LLC Has $4.97 Million Stock Holdings in Sprott Physical Silver Trust $PSLV

Belpointe Asset Management LLC lifted its stake in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) by 3.2% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 405,653 shares of the exchange traded fund’s stock after purchasing an additional 12,465 shares during the quarter. Belpointe Asset Management LLC’s holdings in Sprott Physical Silver Trust were worth $4,965,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. Center for Financial Planning Inc. bought a new stake in shares of Sprott Physical Silver Trust in the first quarter worth $39,000. Barnes Dennig Private Wealth Management LLC acquired a new stake in shares of Sprott Physical Silver Trust during the 1st quarter worth approximately $41,000. First Horizon Advisors Inc. bought a new stake in shares of Sprott Physical Silver Trust in the 1st quarter valued at $42,000. Ameriflex Group Inc. increased its stake in Sprott Physical Silver Trust by 161.5% in the second quarter. Ameriflex Group Inc. now owns 3,400 shares of the exchange traded fund’s stock valued at $42,000 after purchasing an additional 2,100 shares in the last quarter. Finally, Trust Co. of Vermont bought a new position in Sprott Physical Silver Trust in the second quarter worth approximately $56,000.

Sprott Physical Silver Trust Trading Up 2.3%

PSLV stock opened at $16.13 on Monday. The business has a 50-day simple moving average of $13.74 and a two-hundred day simple moving average of $12.36. Sprott Physical Silver Trust has a 52-week low of $9.60 and a 52-week high of $16.23.

Sprott Physical Silver Trust Profile

Sprott Physical Silver Trust is a closed-end investment trust company, which engages in the provision of a secure, convenient, and exchange-traded investment alternative for investors interested in holding physical silver bullion without the inconvenience that is typical of a direct investment in physical silver bullion.