TIAA Trust National Association raised its position in shares of Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF – Free Report) by 10.5% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 400,125 shares of the company’s stock after acquiring an additional 38,090 shares during the period. TIAA Trust National Association owned approximately 0.19% of Sprott Physical Gold and Silver Trust worth $14,681,000 at the end of the most recent quarter.
Other large investors also recently made changes to their positions in the company. Accordant Advisory Group Inc grew its holdings in Sprott Physical Gold and Silver Trust by 1.5% in the 2nd quarter. Accordant Advisory Group Inc now owns 26,042 shares of the company’s stock valued at $784,000 after buying an additional 396 shares in the last quarter. Highland Capital Management LLC grew its stake in shares of Sprott Physical Gold and Silver Trust by 1.3% in the third quarter. Highland Capital Management LLC now owns 30,928 shares of the company’s stock valued at $1,135,000 after acquiring an additional 400 shares in the last quarter. Fermata Advisors LLC grew its stake in shares of Sprott Physical Gold and Silver Trust by 3.4% in the third quarter. Fermata Advisors LLC now owns 12,592 shares of the company’s stock valued at $462,000 after acquiring an additional 409 shares in the last quarter. Midwest Financial Group LLC raised its stake in Sprott Physical Gold and Silver Trust by 3.6% in the 3rd quarter. Midwest Financial Group LLC now owns 14,278 shares of the company’s stock worth $524,000 after purchasing an additional 490 shares in the last quarter. Finally, Freestone Capital Holdings LLC raised its stake in Sprott Physical Gold and Silver Trust by 6.6% in the 2nd quarter. Freestone Capital Holdings LLC now owns 8,030 shares of the company’s stock worth $242,000 after purchasing an additional 500 shares in the last quarter.
Sprott Physical Gold and Silver Trust Stock Performance
Shares of NYSEAMERICAN:CEF opened at $56.39 on Friday. Sprott Physical Gold and Silver Trust has a 12-month low of $25.82 and a 12-month high of $61.38. The company’s 50 day moving average price is $51.09 and its two-hundred day moving average price is $42.01.
Sprott Physical Gold and Silver Trust Company 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.
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