TD Waterhouse Canada Inc. Raises Position in Sprott Physical Gold and Silver Trust $CEF

TD Waterhouse Canada Inc. lifted its stake in shares of Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) by 7.3% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 183,699 shares of the company’s stock after acquiring an additional 12,439 shares during the quarter. TD Waterhouse Canada Inc. owned approximately 0.09% of Sprott Physical Gold and Silver Trust worth $7,379,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. NewEdge Advisors LLC grew its holdings in Sprott Physical Gold and Silver Trust by 10.5% during the 1st quarter. NewEdge Advisors LLC now owns 7,842 shares of the company’s stock valued at $223,000 after buying an additional 744 shares in the last quarter. M&T Bank Corp purchased a new position in Sprott Physical Gold and Silver Trust during the second quarter valued at $220,000. Cerity Partners LLC grew its position in shares of Sprott Physical Gold and Silver Trust by 2.5% during the second quarter. Cerity Partners LLC now owns 20,281 shares of the company’s stock valued at $610,000 after purchasing an additional 500 shares in the last quarter. Jane Street Group LLC grew its holdings in Sprott Physical Gold and Silver Trust by 51.8% during the 2nd quarter. Jane Street Group LLC now owns 555,963 shares of the company’s stock valued at $16,734,000 after buying an additional 189,669 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its position in Sprott Physical Gold and Silver Trust by 25.2% in the second quarter. Ameriprise Financial Inc. now owns 787,541 shares of the company’s stock worth $23,700,000 after purchasing an additional 158,687 shares during the last quarter.

Sprott Physical Gold and Silver Trust Price Performance

Shares of NYSEAMERICAN CEF opened at $45.27 on Friday. The business’s 50 day moving average is $42.60 and its two-hundred day moving average is $46.19. Sprott Physical Gold and Silver Trust has a 1-year low of $33.25 and a 1-year high of $61.38.

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.