Cauble & Harre Wealth Management Inc. acquired a new stake in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV – Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 124,472 shares of the exchange traded fund’s stock, valued at approximately $2,944,000. Sprott Physical Silver Trust makes up 2.5% of Cauble & Harre Wealth Management Inc.’s investment portfolio, making the stock its 12th biggest holding.
Several other large investors have also bought and sold shares of the company. NewEdge Advisors LLC increased its position in shares of Sprott Physical Silver Trust by 23.2% during the first quarter. NewEdge Advisors LLC now owns 67,917 shares of the exchange traded fund’s stock valued at $788,000 after acquiring an additional 12,810 shares in the last quarter. Cerity Partners LLC raised its holdings in Sprott Physical Silver Trust by 5.2% in the 2nd quarter. Cerity Partners LLC now owns 102,908 shares of the exchange traded fund’s stock worth $1,260,000 after acquiring an additional 5,081 shares during the last quarter. Ausdal Financial Partners Inc. lifted its position in Sprott Physical Silver Trust by 24.0% in the 2nd quarter. Ausdal Financial Partners Inc. now owns 74,872 shares of the exchange traded fund’s stock valued at $916,000 after acquiring an additional 14,484 shares in the last quarter. Jane Street Group LLC lifted its position in Sprott Physical Silver Trust by 163.6% in the 2nd quarter. Jane Street Group LLC now owns 5,772,074 shares of the exchange traded fund’s stock valued at $70,650,000 after acquiring an additional 3,582,153 shares in the last quarter. Finally, Bank of America Corp DE boosted its stake in Sprott Physical Silver Trust by 4.7% during the 2nd quarter. Bank of America Corp DE now owns 465,112 shares of the exchange traded fund’s stock valued at $5,693,000 after purchasing an additional 20,856 shares during the last quarter.
Sprott Physical Silver Trust Price Performance
Sprott Physical Silver Trust stock opened at $24.60 on Friday. The stock has a fifty day simple moving average of $24.98 and a two-hundred day simple moving average of $24.01. Sprott Physical Silver Trust has a 12 month low of $10.73 and a 12 month 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.
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