Rathbones Group PLC Reduces Position in Sprott Physical Silver Trust $PSLV

Rathbones Group PLC trimmed its holdings in shares of Sprott Physical Silver Trust (NYSEARCA:PSLVFree Report) by 16.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 319,433 shares of the exchange traded fund’s stock after selling 64,014 shares during the quarter. Rathbones Group PLC owned 0.05% of Sprott Physical Silver Trust worth $7,555,000 as of its most recent filing with the SEC.

Other institutional investors have also recently added to or reduced their stakes in the company. ORG Wealth Partners LLC acquired a new stake in Sprott Physical Silver Trust in the fourth quarter valued at $25,000. Highline Wealth Partners LLC acquired a new stake in shares of Sprott Physical Silver Trust during the third quarter worth $25,000. Strategic Advocates LLC bought a new position in shares of Sprott Physical Silver Trust during the third quarter worth about $29,000. Franklin Resources Inc. bought a new position in shares of Sprott Physical Silver Trust during the third quarter worth about $39,000. Finally, Quilter Plc bought a new position in shares of Sprott Physical Silver Trust during the third quarter worth about $53,000.

Sprott Physical Silver Trust Trading Down 0.0%

Shares of PSLV opened at $23.56 on Tuesday. The firm has a 50-day moving average price of $26.45 and a 200 day moving average price of $22.34. Sprott Physical Silver Trust has a 52-week low of $9.97 and a 52-week high of $38.13.

Sprott Physical Silver Trust Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Sprott Physical Silver Trust (NYSEARCA:PSLV)

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