Wealthcare Advisory Partners LLC lessened its holdings in Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF – Free Report) by 35.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 41,752 shares of the company’s stock after selling 22,789 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in Sprott Physical Gold and Silver Trust were worth $1,912,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also modified their holdings of the company. Bleakley Financial Group LLC raised its stake in Sprott Physical Gold and Silver Trust by 3.2% in the 3rd quarter. Bleakley Financial Group LLC now owns 5,218,691 shares of the company’s stock worth $191,474,000 after purchasing an additional 159,812 shares in the last quarter. Jupiter Asset Management Ltd. grew its position in shares of Sprott Physical Gold and Silver Trust by 29.7% during the 3rd quarter. Jupiter Asset Management Ltd. now owns 3,551,434 shares of the company’s stock worth $130,112,000 after purchasing an additional 812,697 shares in the last quarter. Raymond James Financial Inc. grew its position in shares of Sprott Physical Gold and Silver Trust by 6.9% during the 3rd quarter. Raymond James Financial Inc. now owns 1,129,712 shares of the company’s stock worth $41,449,000 after purchasing an additional 73,201 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in shares of Sprott Physical Gold and Silver Trust by 25.2% during 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 period. Finally, Bank of America Corp DE increased its holdings in shares of Sprott Physical Gold and Silver Trust by 0.8% during the third quarter. Bank of America Corp DE now owns 693,257 shares of the company’s stock worth $25,436,000 after purchasing an additional 5,506 shares during the period.
Sprott Physical Gold and Silver Trust Trading Down 0.2%
NYSEAMERICAN CEF opened at $45.20 on Tuesday. The company has a 50 day moving average of $51.53 and a 200-day moving average of $44.75. Sprott Physical Gold and Silver Trust has a 1-year low of $26.01 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.
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