Hohimer Wealth Management LLC Acquires Shares of 82,947 Sprott Physical Gold and Silver Trust $CEF

Hohimer Wealth Management LLC bought a new position in shares of Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 82,947 shares of the company’s stock, valued at approximately $3,043,000.

A number of other hedge funds have also modified their holdings of the business. Bessemer Group Inc. acquired a new position in Sprott Physical Gold and Silver Trust during the third quarter worth about $28,000. CWM LLC lifted its stake in Sprott Physical Gold and Silver Trust by 139.0% in the 2nd quarter. CWM LLC now owns 956 shares of the company’s stock worth $29,000 after purchasing an additional 556 shares in the last quarter. Assetmark Inc. lifted its stake in Sprott Physical Gold and Silver Trust by 602.5% in the 3rd quarter. Assetmark Inc. now owns 843 shares of the company’s stock worth $31,000 after purchasing an additional 723 shares in the last quarter. Atlantic Union Bankshares Corp acquired a new position in shares of Sprott Physical Gold and Silver Trust during the 2nd quarter worth approximately $42,000. Finally, Private Trust Co. NA acquired a new stake in shares of Sprott Physical Gold and Silver Trust in the third quarter valued at approximately $65,000.

Sprott Physical Gold and Silver Trust Price Performance

NYSEAMERICAN CEF opened at $54.64 on Friday. The stock’s fifty day moving average is $50.86 and its two-hundred day moving average is $41.84. Sprott Physical Gold and Silver Trust has a fifty-two week low of $25.82 and a fifty-two week high of $61.38.

Sprott Physical Gold and Silver Trust Profile

The Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) is a closed-end investment trust that provides investors with direct exposure to physical gold and silver bullion. Established in 2019 and sponsored by Sprott Asset Management, the trust holds allocated London Good Delivery gold bars and London Silver Fix silver bars in secure vaults, offering a transparent alternative to traditional equity- or futures-based precious metals vehicles. Each trust unit represents a proportional interest in the bullion holdings, and investors gain ownership of the underlying metal without assuming the logistics of purchase, storage, or insurance.

To maintain its inventory, the trust purchases bullion through approved bullion dealers and London bullion market participants.