Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) Sets New 1-Year High – Should You Buy?

Shares of Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) reached a new 52-week high on Tuesday . The company traded as high as $46.20 and last traded at $46.14, with a volume of 814293 shares changing hands. The stock had previously closed at $44.90.

Sprott Physical Gold and Silver Trust Price Performance

The firm’s 50-day moving average is $40.12 and its two-hundred day moving average is $35.09.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Bluefin Capital Management LLC bought a new position in shares of Sprott Physical Gold and Silver Trust during the 1st quarter valued at approximately $37,797,000. International Assets Investment Management LLC bought a new position in Sprott Physical Gold and Silver Trust during the second quarter valued at $6,347,000. Belpointe Asset Management LLC increased its position in Sprott Physical Gold and Silver Trust by 44.8% during the second quarter. Belpointe Asset Management LLC now owns 147,821 shares of the company’s stock valued at $4,449,000 after acquiring an additional 45,766 shares during the last quarter. Midwest Trust Co purchased a new stake in shares of Sprott Physical Gold and Silver Trust in the second quarter valued at $358,000. Finally, Kingstone Capital Partners Texas LLC bought a new stake in shares of Sprott Physical Gold and Silver Trust in the 2nd quarter worth about $114,726,000.

Sprott Physical Gold and Silver Trust Company Profile

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.