Sprott Physical Gold and Silver Trust $CEF Shares Sold by International Assets Investment Management LLC

International Assets Investment Management LLC reduced its holdings in shares of Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) by 39.8% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 62,893 shares of the company’s stock after selling 41,567 shares during the quarter. International Assets Investment Management LLC’s holdings in Sprott Physical Gold and Silver Trust were worth $2,613,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Oppenheimer & Co. Inc. purchased a new stake in shares of Sprott Physical Gold and Silver Trust during the third quarter worth about $5,272,000. Robertson Stephens Wealth Management LLC increased its holdings in shares of Sprott Physical Gold and Silver Trust by 23.8% during the third quarter. Robertson Stephens Wealth Management LLC now owns 136,864 shares of the company’s stock valued at $5,685,000 after acquiring an additional 26,348 shares in the last quarter. Titiun Yejiel purchased a new position in shares of Sprott Physical Gold and Silver Trust in the 2nd quarter valued at approximately $2,012,000. Weiss Asset Management LP purchased a new position in shares of Sprott Physical Gold and Silver Trust in the 1st quarter valued at approximately $83,009,000. Finally, IMC Chicago LLC purchased a new position in shares of Sprott Physical Gold and Silver Trust in the 1st quarter valued at approximately $165,346,000.

Sprott Physical Gold and Silver Trust Trading Up 2.2%

CEF stock opened at $37.65 on Tuesday. Sprott Physical Gold and Silver Trust has a 52 week low of $36.33 and a 52 week high of $61.38. The firm has a 50 day moving average of $42.43 and a 200 day moving average of $46.01.

About Sprott Physical Gold and Silver Trust

Sprott Physical Gold and Silver Trust is a closed-end precious metals investment trust managed by Sprott Asset Management LP. The trust seeks to provide investors with exposure to physical gold and silver bullion rather than operating businesses or investing primarily in mining companies, futures contracts or other financial derivatives.

The trust’s assets consist principally of fully allocated, physical gold and silver bullion. The bullion is held in custody and is intended to remain unencumbered, giving investors an interest in precious metals held on the trust’s behalf.