Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) Reaches New 1-Year High – Here’s Why

Shares of Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $54.23 and last traded at $53.8840, with a volume of 252009 shares changing hands. The stock had previously closed at $51.55.

Sprott Physical Gold and Silver Trust Stock Performance

The business has a 50-day simple moving average of $44.37 and a two-hundred day simple moving average of $37.67.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in CEF. Midwest Financial Group LLC grew its stake in shares of Sprott Physical Gold and Silver Trust by 6.9% during the 4th quarter. Midwest Financial Group LLC now owns 15,258 shares of the company’s stock worth $699,000 after purchasing an additional 980 shares during the period. Financial Planning Navigators CORP acquired a new position in shares of Sprott Physical Gold and Silver Trust in the 4th quarter valued at $4,927,000. Beaumont Financial Advisors LLC raised its holdings in shares of Sprott Physical Gold and Silver Trust by 0.3% in the 4th quarter. Beaumont Financial Advisors LLC now owns 586,803 shares of the company’s stock worth $26,876,000 after purchasing an additional 2,036 shares during the period. Matauro LLC grew its holdings in shares of Sprott Physical Gold and Silver Trust by 2.7% during the 4th quarter. Matauro LLC now owns 399,066 shares of the company’s stock worth $18,277,000 after purchasing an additional 10,522 shares during the period. Finally, Silver Oak Securities Incorporated grew its stake in Sprott Physical Gold and Silver Trust by 4.0% during the fourth quarter. Silver Oak Securities Incorporated now owns 6,617 shares of the company’s stock worth $312,000 after buying an additional 256 shares during the period.

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.