Pacific Sage Partners LLC Decreases Stock Position in Sprott Physical Gold and Silver Trust $CEF

Pacific Sage Partners LLC cut its holdings in Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) by 11.4% during the 4th quarter, HoldingsChannel.com reports. The fund owned 239,587 shares of the company’s stock after selling 30,922 shares during the period. Sprott Physical Gold and Silver Trust makes up 1.7% of Pacific Sage Partners LLC’s investment portfolio, making the stock its 16th largest position. Pacific Sage Partners LLC’s holdings in Sprott Physical Gold and Silver Trust were worth $10,973,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Jupiter Asset Management Ltd. raised its stake in shares of Sprott Physical Gold and Silver Trust by 29.7% in the third quarter. Jupiter Asset Management Ltd. now owns 3,551,434 shares of the company’s stock worth $130,112,000 after purchasing an additional 812,697 shares during the last quarter. Jane Street Group LLC lifted its holdings in shares of 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 valued at $16,734,000 after purchasing an additional 189,669 shares in the last quarter. Bleakley Financial Group LLC boosted its position in shares of Sprott Physical Gold and Silver Trust by 3.2% during the third quarter. Bleakley Financial Group LLC now owns 5,218,691 shares of the company’s stock valued at $191,474,000 after buying an additional 159,812 shares during the last quarter. Ameriprise Financial Inc. boosted its position in shares of Sprott Physical Gold and Silver Trust by 25.2% during the second quarter. Ameriprise Financial Inc. now owns 787,541 shares of the company’s stock valued at $23,700,000 after buying an additional 158,687 shares during the last quarter. Finally, Financial Planning Navigators CORP bought a new stake in Sprott Physical Gold and Silver Trust in the 4th quarter worth about $4,927,000.

Sprott Physical Gold and Silver Trust Price Performance

Shares of NYSEAMERICAN:CEF opened at $47.05 on Friday. The business has a 50-day simple moving average of $51.14 and a two-hundred day simple moving average of $44.89. Sprott Physical Gold and Silver Trust has a fifty-two week low of $26.01 and a fifty-two week 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.