Root Financial Partners LLC Invests $874,000 in Sprott Physical Gold and Silver Trust $CEF

Root Financial Partners LLC purchased a new stake in shares of Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 18,318 shares of the company’s stock, valued at approximately $874,000.

A number of other large investors have also recently modified their holdings of the company. Morgan Stanley raised its position in Sprott Physical Gold and Silver Trust by 9.8% during the 4th quarter. Morgan Stanley now owns 5,627,038 shares of the company’s stock valued at $257,718,000 after purchasing an additional 499,996 shares in the last quarter. Jupiter Asset Management Ltd. increased its stake in shares of Sprott Physical Gold and Silver Trust by 1.5% during the fourth quarter. Jupiter Asset Management Ltd. now owns 3,604,249 shares of the company’s stock valued at $164,822,000 after buying an additional 52,815 shares during the period. Raymond James Financial Inc. increased its stake in shares of Sprott Physical Gold and Silver Trust by 6.9% during the third quarter. Raymond James Financial Inc. now owns 1,129,712 shares of the company’s stock valued at $41,449,000 after buying an additional 73,201 shares during the period. LPL Financial LLC raised its holdings in shares of Sprott Physical Gold and Silver Trust by 2.4% in the fourth quarter. LPL Financial LLC now owns 934,345 shares of the company’s stock valued at $42,793,000 after acquiring an additional 21,663 shares in the last quarter. Finally, Evelyn Partners Investment Management LLP lifted its stake in Sprott Physical Gold and Silver Trust by 6.5% in the fourth quarter. Evelyn Partners Investment Management LLP now owns 811,531 shares of the company’s stock worth $37,168,000 after acquiring an additional 49,608 shares during the period.

Sprott Physical Gold and Silver Trust Trading Up 0.3%

Shares of Sprott Physical Gold and Silver Trust stock opened at $40.34 on Thursday. Sprott Physical Gold and Silver Trust has a 1 year low of $30.02 and a 1 year high of $61.38. The firm’s 50-day moving average is $45.99 and its two-hundred day moving average is $48.51.

Sprott Physical Gold and Silver Trust 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.