Bay Colony Advisory Group Inc d b a Bay Colony Advisors Has $233,000 Holdings in Sprott Physical Silver Trust $PSLV

Bay Colony Advisory Group Inc d b a Bay Colony Advisors cut its stake in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) by 82.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 19,063 shares of the exchange traded fund’s stock after selling 88,680 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors’ holdings in Sprott Physical Silver Trust were worth $233,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of PSLV. First Horizon Advisors Inc. acquired a new stake in Sprott Physical Silver Trust during the first quarter worth approximately $42,000. Mutual Advisors LLC bought a new position in shares of Sprott Physical Silver Trust during the first quarter worth approximately $208,000. World Investment Advisors bought a new position in shares of Sprott Physical Silver Trust during the first quarter worth approximately $4,193,000. Envestnet Asset Management Inc. increased its holdings in shares of Sprott Physical Silver Trust by 30.4% during the first quarter. Envestnet Asset Management Inc. now owns 820,893 shares of the exchange traded fund’s stock worth $9,522,000 after purchasing an additional 191,608 shares during the period. Finally, Pekin Hardy Strauss Inc. increased its holdings in shares of Sprott Physical Silver Trust by 5.7% during the first quarter. Pekin Hardy Strauss Inc. now owns 800,116 shares of the exchange traded fund’s stock worth $9,281,000 after purchasing an additional 43,236 shares during the period.

Sprott Physical Silver Trust Stock Down 0.4%

Shares of PSLV opened at $16.11 on Friday. Sprott Physical Silver Trust has a 12 month low of $9.60 and a 12 month high of $18.15. The firm’s 50 day moving average is $15.21 and its 200-day moving average is $13.14.

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.