Hohimer Wealth Management LLC Acquires Shares of 82,947 Sprott Physical Gold and Silver Trust $CEF

Hohimer Wealth Management LLC bought a new position in shares of Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor bought 82,947 shares of the company’s stock, valued at approximately $3,043,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Bessemer Group Inc. purchased a new stake in Sprott Physical Gold and Silver Trust in the 3rd quarter worth $28,000. CWM LLC lifted its holdings in Sprott Physical Gold and Silver Trust by 139.0% during the second quarter. CWM LLC now owns 956 shares of the company’s stock valued at $29,000 after purchasing an additional 556 shares in the last quarter. Assetmark Inc. grew its position in shares of Sprott Physical Gold and Silver Trust by 602.5% in the third quarter. Assetmark Inc. now owns 843 shares of the company’s stock valued at $31,000 after purchasing an additional 723 shares during the period. Atlantic Union Bankshares Corp purchased a new stake in shares of Sprott Physical Gold and Silver Trust during the second quarter worth about $42,000. Finally, Private Trust Co. NA acquired a new position in shares of Sprott Physical Gold and Silver Trust during the 3rd quarter worth about $65,000.

Sprott Physical Gold and Silver Trust Trading Up 0.7%

CEF stock opened at $54.64 on Friday. Sprott Physical Gold and Silver Trust has a 12-month low of $25.82 and a 12-month high of $61.38. The business’s 50-day moving average is $50.86 and its 200 day moving average is $41.84.

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.