Total Wealth Planning & Management Inc. bought a new position in shares of Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF – Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 16,213 shares of the company’s stock, valued at approximately $743,000.
Several other institutional investors have also recently added to or reduced their stakes in CEF. NewEdge Advisors LLC lifted its stake in Sprott Physical Gold and Silver Trust by 10.5% during the first quarter. NewEdge Advisors LLC now owns 7,842 shares of the company’s stock worth $223,000 after purchasing an additional 744 shares during the last quarter. M&T Bank Corp purchased a new stake in Sprott Physical Gold and Silver Trust during the second quarter worth approximately $220,000. Cerity Partners LLC lifted its stake in 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 worth $610,000 after purchasing an additional 500 shares during the last quarter. Jane Street Group LLC lifted its stake in Sprott Physical Gold and Silver Trust by 51.8% during the second quarter. Jane Street Group LLC now owns 555,963 shares of the company’s stock worth $16,734,000 after purchasing an additional 189,669 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its stake in 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 last quarter.
Sprott Physical Gold and Silver Trust Stock Performance
CEF stock opened at $46.85 on Friday. The business has a 50 day moving average price of $48.05 and a 200 day moving average price of $48.31. Sprott Physical Gold and Silver Trust has a fifty-two week low of $29.69 and a fifty-two week high of $61.38.
About Sprott Physical Gold and Silver Trust
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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