Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) Stock Price Up 2.7% – Still a Buy?

Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF)’s stock price rose 2.7% during trading on Friday . The stock traded as high as $48.54 and last traded at $48.4870. Approximately 239,917 shares traded hands during trading, a decline of 69% from the average daily volume of 778,393 shares. The stock had previously closed at $47.20.

Sprott Physical Gold and Silver Trust Trading Up 3.0%

The stock’s 50 day simple moving average is $40.54 and its two-hundred day simple moving average is $35.38.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. Bessemer Group Inc. bought a new position in Sprott Physical Gold and Silver Trust in the 3rd quarter worth about $28,000. Assetmark Inc. raised its holdings in Sprott Physical Gold and Silver Trust by 602.5% in the third quarter. Assetmark Inc. now owns 843 shares of the company’s stock worth $31,000 after buying an additional 723 shares during the last quarter. CWM LLC lifted its stake in shares of Sprott Physical Gold and Silver Trust by 139.0% in the second quarter. CWM LLC now owns 956 shares of the company’s stock worth $29,000 after buying an additional 556 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Sprott Physical Gold and Silver Trust in the second quarter worth approximately $42,000. Finally, Atlantic Union Bankshares Corp purchased a new stake in shares of Sprott Physical Gold and Silver Trust during the second quarter valued at approximately $42,000.

About Sprott Physical Gold and Silver Trust

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.