Hilton Head Capital Partners LLC acquired a new position in Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF – Free Report) during the fourth quarter, HoldingsChannel.com reports. The fund acquired 20,530 shares of the company’s stock, valued at approximately $940,000.
A number of other institutional investors have also made changes to their positions in the business. Tradition Wealth Management LLC lifted its position in shares of Sprott Physical Gold and Silver Trust by 12.0% in the fourth quarter. Tradition Wealth Management LLC now owns 28,078 shares of the company’s stock worth $1,286,000 after purchasing an additional 3,000 shares in the last quarter. XML Financial LLC bought a new stake in shares of Sprott Physical Gold and Silver Trust in the fourth quarter worth $206,000. Greykasell Wealth Strategies Inc. bought a new stake in shares of Sprott Physical Gold and Silver Trust in the fourth quarter worth $278,000. Total Wealth Planning & Management Inc. bought a new stake in shares of Sprott Physical Gold and Silver Trust in the fourth quarter worth $743,000. Finally, J.W. Cole Advisors Inc. lifted its position in shares of Sprott Physical Gold and Silver Trust by 3.5% in the fourth quarter. J.W. Cole Advisors Inc. now owns 75,929 shares of the company’s stock worth $3,478,000 after purchasing an additional 2,577 shares in the last quarter.
Sprott Physical Gold and Silver Trust Price Performance
Shares of CEF stock opened at $44.13 on Monday. The company’s fifty day simple moving average is $48.02 and its 200-day simple moving average is $48.35. Sprott Physical Gold and Silver Trust has a 12 month low of $29.69 and a 12 month high of $61.38.
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.
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Want to see what other hedge funds are holding CEF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF – Free Report).
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