International Assets Investment Management LLC lowered its holdings in shares of Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF – Free Report) by 78.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 45,291 shares of the company’s stock after selling 165,574 shares during the period. International Assets Investment Management LLC’s holdings in Sprott Physical Gold and Silver Trust were worth $1,662,000 at the end of the most recent quarter.
Other institutional investors have also recently added to or reduced their stakes in the company. Jupiter Asset Management Ltd. boosted its holdings in shares of Sprott Physical Gold and Silver Trust by 15.2% during the 2nd quarter. Jupiter Asset Management Ltd. now owns 2,738,737 shares of the company’s stock worth $82,348,000 after buying an additional 360,777 shares in the last quarter. GWN Securities Inc. lifted its position in shares of Sprott Physical Gold and Silver Trust by 1,878.1% during the 2nd quarter. GWN Securities Inc. now owns 227,584 shares of the company’s stock valued at $6,850,000 after acquiring an additional 216,079 shares during the period. TIAA Trust National Association lifted its position in shares of Sprott Physical Gold and Silver Trust by 119.1% during the 2nd quarter. TIAA Trust National Association now owns 362,035 shares of the company’s stock valued at $10,897,000 after acquiring an additional 196,787 shares during the period. Jane Street Group LLC boosted its stake in Sprott Physical Gold and Silver Trust by 51.8% during the second quarter. Jane Street Group LLC now owns 555,963 shares of the company’s stock worth $16,734,000 after acquiring an additional 189,669 shares in the last quarter. Finally, 3EDGE Asset Management LP grew its holdings in Sprott Physical Gold and Silver Trust by 46.4% in the second quarter. 3EDGE Asset Management LP now owns 589,317 shares of the company’s stock worth $17,568,000 after purchasing an additional 186,745 shares during the period.
Sprott Physical Gold and Silver Trust Stock Up 3.7%
CEF opened at $57.04 on Friday. The company has a fifty day moving average price of $45.59 and a two-hundred day moving average price of $38.30. Sprott Physical Gold and Silver Trust has a 1-year low of $24.87 and a 1-year high of $57.05.
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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