Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) Reaches New 52-Week High – Should You Buy?

Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) shares reached a new 52-week high on Monday . The company traded as high as $50.92 and last traded at $50.8320, with a volume of 251427 shares traded. The stock had previously closed at $48.83.

Sprott Physical Gold and Silver Trust Trading Up 1.1%

The firm has a fifty day moving average of $43.22 and a 200-day moving average of $37.06.

Institutional Investors Weigh In On Sprott Physical Gold and Silver Trust

Several institutional investors and hedge funds have recently made changes to their positions in CEF. Accordant Advisory Group Inc grew its stake in Sprott Physical Gold and Silver Trust by 1.5% in the 2nd quarter. Accordant Advisory Group Inc now owns 26,042 shares of the company’s stock valued at $784,000 after acquiring an additional 396 shares during the last quarter. Advantage Trust Co lifted its holdings in shares of Sprott Physical Gold and Silver Trust by 28.6% in the second quarter. Advantage Trust Co now owns 1,800 shares of the company’s stock valued at $54,000 after purchasing an additional 400 shares in the last quarter. Highland Capital Management LLC grew its position in shares of Sprott Physical Gold and Silver Trust by 1.3% in the third quarter. Highland Capital Management LLC now owns 30,928 shares of the company’s stock valued at $1,135,000 after purchasing an additional 400 shares during the last quarter. Fermata Advisors LLC increased its stake in shares of Sprott Physical Gold and Silver Trust by 3.4% during the 3rd quarter. Fermata Advisors LLC now owns 12,592 shares of the company’s stock worth $462,000 after purchasing an additional 409 shares in the last quarter. Finally, Midwest Financial Group LLC increased its stake in shares of Sprott Physical Gold and Silver Trust by 3.6% during the 3rd quarter. Midwest Financial Group LLC now owns 14,278 shares of the company’s stock worth $524,000 after purchasing an additional 490 shares in the last quarter.

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.