Manchester Financial Inc. Boosts Stake in Sprott Physical Gold and Silver Trust $CEF

Manchester Financial Inc. lifted its holdings in Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) by 56.7% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 47,141 shares of the company’s stock after purchasing an additional 17,061 shares during the period. Manchester Financial Inc.’s holdings in Sprott Physical Gold and Silver Trust were worth $1,419,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of CEF. Wealth Enhancement Advisory Services LLC lifted its stake in shares of Sprott Physical Gold and Silver Trust by 47.6% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 212,738 shares of the company’s stock worth $6,044,000 after buying an additional 68,609 shares in the last quarter. Insigneo Advisory Services LLC purchased a new position in Sprott Physical Gold and Silver Trust during the first quarter worth about $262,000. Blue Trust Inc. raised its stake in Sprott Physical Gold and Silver Trust by 8,877.3% during the first quarter. Blue Trust Inc. now owns 26,932 shares of the company’s stock worth $765,000 after purchasing an additional 26,632 shares during the period. Private Wealth Partners LLC purchased a new position in Sprott Physical Gold and Silver Trust during the first quarter worth about $256,000. Finally, Petra Financial Advisors Inc. purchased a new position in Sprott Physical Gold and Silver Trust during the first quarter worth about $275,000.

Sprott Physical Gold and Silver Trust Stock Down 3.7%

Shares of CEF stock opened at $39.60 on Friday. The firm’s 50-day moving average is $34.54 and its two-hundred day moving average is $31.37. Sprott Physical Gold and Silver Trust has a 12 month low of $23.53 and a 12 month high of $41.20.

Sprott Physical Gold and Silver Trust Profile

Sprott Physical Gold & Silver Trust operates as a closed-ended investment fund/investment trust. The company was founded on October 26, 2017 and is headquartered in Toronto, Canada.