Guardian Wealth Advisors LLC NC lessened its stake in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV – Free Report) by 25.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 135,261 shares of the exchange traded fund’s stock after selling 45,760 shares during the quarter. Guardian Wealth Advisors LLC NC’s holdings in Sprott Physical Silver Trust were worth $3,199,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently made changes to their positions in PSLV. ORG Wealth Partners LLC bought a new position in shares of Sprott Physical Silver Trust during the 4th quarter worth about $25,000. Strategic Advocates LLC bought a new position in shares of Sprott Physical Silver Trust during the 3rd quarter worth about $29,000. Laurel Wealth Advisors LLC bought a new position in shares of Sprott Physical Silver Trust during the 4th quarter worth about $31,000. Franklin Resources Inc. bought a new position in shares of Sprott Physical Silver Trust during the 3rd quarter worth about $39,000. Finally, Private Trust Co. NA boosted its position in shares of Sprott Physical Silver Trust by 218.4% during the 4th quarter. Private Trust Co. NA now owns 1,700 shares of the exchange traded fund’s stock worth $40,000 after purchasing an additional 1,166 shares in the last quarter.
Sprott Physical Silver Trust Price Performance
PSLV stock opened at $22.35 on Wednesday. The company’s 50-day moving average is $24.26 and its 200-day moving average is $25.10. Sprott Physical Silver Trust has a 1 year low of $11.91 and a 1 year high of $38.13.
Sprott Physical Silver Trust Profile
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.
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