Wealthcare Capital Management LLC Has $43.01 Million Stake in Sprott Physical Silver Trust (NYSEARCA:PSLV)

Wealthcare Capital Management LLC trimmed its holdings in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 9.7% in the 1st quarter, Holdings Channel reports. The fund owned 3,707,931 shares of the exchange traded fund’s stock after selling 400,369 shares during the quarter. Sprott Physical Silver Trust accounts for about 4.4% of Wealthcare Capital Management LLC’s investment portfolio, making the stock its 6th biggest position. Wealthcare Capital Management LLC’s holdings in Sprott Physical Silver Trust were worth $43,012,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Millstone Evans Group LLC purchased a new stake in shares of Sprott Physical Silver Trust during the 4th quarter valued at about $58,000. US Bancorp DE boosted its holdings in shares of Sprott Physical Silver Trust by 21.6% in the fourth quarter. US Bancorp DE now owns 7,050 shares of the exchange traded fund’s stock worth $68,000 after buying an additional 1,250 shares during the last quarter. Rehmann Capital Advisory Group bought a new stake in Sprott Physical Silver Trust during the 4th quarter worth approximately $100,000. Guild Investment Management Inc. bought a new stake in Sprott Physical Silver Trust during the 4th quarter worth approximately $101,000. Finally, Weitzel Financial Services Inc. bought a new stake in Sprott Physical Silver Trust during the 4th quarter worth approximately $107,000.

Sprott Physical Silver Trust Trading Up 2.2%

Sprott Physical Silver Trust stock opened at $12.30 on Tuesday. Sprott Physical Silver Trust has a 1 year low of $9.12 and a 1 year high of $12.37. The firm’s 50 day moving average price is $11.00 and its 200-day moving average price is $10.74.

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.