Walser Wealth Management Company A Ltd Liability Co Takes Position in Sprott Physical Silver Trust $PSLV

Walser Wealth Management Company A Ltd Liability Co acquired a new stake in Sprott Physical Silver Trust (NYSEARCA:PSLV) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 39,082 shares of the exchange traded fund’s stock, valued at approximately $924,000.

A number of other institutional investors also recently bought and sold shares of the stock. Sunbelt Securities Inc. grew its position in Sprott Physical Silver Trust by 2.0% during the 4th quarter. Sunbelt Securities Inc. now owns 21,530 shares of the exchange traded fund’s stock worth $509,000 after purchasing an additional 432 shares during the last quarter. Mcguire Capital Advisors Inc. purchased a new position in shares of Sprott Physical Silver Trust in the fourth quarter worth $27,000. Corient Private Wealth LLC purchased a new position in shares of Sprott Physical Silver Trust in the fourth quarter worth $235,000. Mercer Global Advisors Inc. ADV acquired a new stake in shares of Sprott Physical Silver Trust during the fourth quarter worth $643,000. Finally, Beacon Pointe Advisors LLC lifted its stake in shares of Sprott Physical Silver Trust by 0.6% during the fourth quarter. Beacon Pointe Advisors LLC now owns 1,276,259 shares of the exchange traded fund’s stock worth $30,184,000 after buying an additional 7,022 shares during the period.

Sprott Physical Silver Trust Price Performance

Shares of PSLV opened at $21.00 on Friday. Sprott Physical Silver Trust has a 1-year low of $11.91 and a 1-year high of $38.13. The company’s fifty day moving average price is $24.16 and its 200-day moving average price is $25.14.

Sprott Physical Silver Trust Profile

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.