Waddell & Associates LLC Raises Stock Holdings in Sprott Physical Silver Trust $PSLV

Waddell & Associates LLC raised its holdings in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 15.9% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 354,385 shares of the exchange traded fund’s stock after acquiring an additional 48,577 shares during the quarter. Sprott Physical Silver Trust makes up 0.5% of Waddell & Associates LLC’s holdings, making the stock its 22nd largest holding. Waddell & Associates LLC owned about 0.06% of Sprott Physical Silver Trust worth $5,564,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. EverSource Wealth Advisors LLC increased its stake in Sprott Physical Silver Trust by 72.2% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 76,090 shares of the exchange traded fund’s stock worth $1,195,000 after buying an additional 31,914 shares during the period. Schulhoff & Co. Inc. raised its stake in shares of Sprott Physical Silver Trust by 25.0% during the third quarter. Schulhoff & Co. Inc. now owns 15,000 shares of the exchange traded fund’s stock valued at $236,000 after acquiring an additional 3,000 shares in the last quarter. Alliance Wealth Advisors LLC UT grew its stake in Sprott Physical Silver Trust by 27.5% in the third quarter. Alliance Wealth Advisors LLC UT now owns 58,008 shares of the exchange traded fund’s stock worth $911,000 after purchasing an additional 12,508 shares in the last quarter. Rossby Financial LCC increased its holdings in Sprott Physical Silver Trust by 1.1% during the 3rd quarter. Rossby Financial LCC now owns 199,550 shares of the exchange traded fund’s stock worth $3,181,000 after purchasing an additional 2,100 shares during the period. Finally, Kovack Advisors Inc. raised its position in Sprott Physical Silver Trust by 13.7% during the 3rd quarter. Kovack Advisors Inc. now owns 342,525 shares of the exchange traded fund’s stock valued at $5,378,000 after purchasing an additional 41,149 shares in the last quarter.

Sprott Physical Silver Trust Price Performance

PSLV opened at $28.75 on Wednesday. Sprott Physical Silver Trust has a 12-month low of $9.97 and a 12-month high of $38.13. The business’s fifty day simple moving average is $27.10 and its 200-day simple moving average is $19.87.

About Sprott Physical Silver Trust

Sprott Physical Silver Trust is a closed-end investment trust company, which engages in the provision of a secure, convenient, and exchange-traded investment alternative for investors interested in holding physical silver bullion without the inconvenience that is typical of a direct investment in physical silver bullion. The Trust invests and intends to continue to invest primarily in long-term holdings of unencumbered, fully allocated, physical silver bullion, and does not speculate with regard to short-term changes in silver prices.