Douglass Winthrop Advisors LLC Buys Shares of 25,350 Sprott Physical Silver Trust $PSLV

Douglass Winthrop Advisors LLC purchased a new stake in Sprott Physical Silver Trust (NYSEARCA:PSLV) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor purchased 25,350 shares of the exchange traded fund’s stock, valued at approximately $398,000.

A number of other institutional investors also recently modified their holdings of PSLV. US Bancorp DE boosted its stake in Sprott Physical Silver Trust by 3.3% in the third quarter. US Bancorp DE now owns 18,920 shares of the exchange traded fund’s stock valued at $297,000 after buying an additional 596 shares in the last quarter. OneAscent Financial Services LLC raised its stake in Sprott Physical Silver Trust by 1.0% during the third quarter. OneAscent Financial Services LLC now owns 69,676 shares of the exchange traded fund’s stock worth $1,094,000 after acquiring an additional 656 shares in the last quarter. Carnegie Lake Advisors LLC raised its stake in Sprott Physical Silver Trust by 1.2% during the third quarter. Carnegie Lake Advisors LLC now owns 62,750 shares of the exchange traded fund’s stock worth $985,000 after acquiring an additional 750 shares in the last quarter. Sandy Cove Advisors LLC lifted its holdings in shares of Sprott Physical Silver Trust by 4.9% in the third quarter. Sandy Cove Advisors LLC now owns 17,000 shares of the exchange traded fund’s stock worth $267,000 after acquiring an additional 800 shares during the last quarter. Finally, Schwarz Dygos Wheeler Investment Advisors LLC boosted its stake in shares of Sprott Physical Silver Trust by 1.1% in the 2nd quarter. Schwarz Dygos Wheeler Investment Advisors LLC now owns 88,774 shares of the exchange traded fund’s stock valued at $1,086,000 after purchasing an additional 982 shares in the last quarter.

Sprott Physical Silver Trust Stock Performance

PSLV opened at $27.53 on Friday. The company’s 50 day moving average is $28.24 and its 200-day moving average is $21.06. Sprott Physical Silver Trust has a 1-year low of $9.97 and a 1-year high of $38.13.

About Sprott Physical Silver Trust

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.