Tcfg Wealth Management LLC Decreases Holdings in Sprott Physical Silver Trust $PSLV

Tcfg Wealth Management LLC decreased its holdings in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 54.3% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 75,725 shares of the exchange traded fund’s stock after selling 89,900 shares during the period. Tcfg Wealth Management LLC’s holdings in Sprott Physical Silver Trust were worth $927,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in PSLV. Center for Financial Planning Inc. bought a new stake in shares of Sprott Physical Silver Trust in the 1st quarter valued at approximately $39,000. Ameriflex Group Inc. increased its position in shares of Sprott Physical Silver Trust by 161.5% during the 2nd quarter. Ameriflex Group Inc. now owns 3,400 shares of the exchange traded fund’s stock valued at $42,000 after purchasing an additional 2,100 shares during the last quarter. Barnes Dennig Private Wealth Management LLC bought a new position in shares of Sprott Physical Silver Trust during the 1st quarter valued at approximately $41,000. First Horizon Advisors Inc. purchased a new stake in Sprott Physical Silver Trust during the 1st quarter valued at $42,000. Finally, Trust Co. of Vermont bought a new stake in Sprott Physical Silver Trust in the second quarter worth $56,000.

Sprott Physical Silver Trust Stock Up 1.4%

NYSEARCA PSLV opened at $16.35 on Tuesday. The company has a fifty day moving average of $13.81 and a two-hundred day moving average of $12.39. Sprott Physical Silver Trust has a 52 week low of $9.60 and a 52 week high of $16.42.

Sprott Physical Silver Trust Profile

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.