IFP Advisors Inc Has $10.75 Million Stock Holdings in Sprott Physical Gold and Silver Trust $CEF

IFP Advisors Inc lifted its holdings in Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) by 18.2% in the 4th quarter, Holdings Channel reports. The firm owned 234,680 shares of the company’s stock after buying an additional 36,181 shares during the quarter. IFP Advisors Inc’s holdings in Sprott Physical Gold and Silver Trust were worth $10,748,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. 3EDGE Asset Management LP acquired a new position in Sprott Physical Gold and Silver Trust in the 4th quarter valued at approximately $26,268,000. Rockport Wealth LLC boosted its stake in shares of Sprott Physical Gold and Silver Trust by 2.2% in the 4th quarter. Rockport Wealth LLC now owns 29,802 shares of the company’s stock valued at $1,365,000 after purchasing an additional 640 shares during the last quarter. Thrivent Financial for Lutherans boosted its stake in shares of Sprott Physical Gold and Silver Trust by 44.8% in the 4th quarter. Thrivent Financial for Lutherans now owns 278,466 shares of the company’s stock valued at $12,956,000 after purchasing an additional 86,215 shares during the last quarter. Allworth Financial LP grew its stake in shares of Sprott Physical Gold and Silver Trust by 24.9% during the fourth quarter. Allworth Financial LP now owns 54,777 shares of the company’s stock worth $2,509,000 after purchasing an additional 10,905 shares during the period. Finally, Purkiss Capital Advisors LLC bought a new position in Sprott Physical Gold and Silver Trust during the 4th quarter worth approximately $240,000.

Sprott Physical Gold and Silver Trust Stock Down 3.1%

Shares of NYSEAMERICAN:CEF opened at $46.70 on Wednesday. Sprott Physical Gold and Silver Trust has a 52 week low of $28.53 and a 52 week high of $61.38. The company has a 50 day moving average price of $48.64 and a two-hundred day moving average price of $47.54.

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.