12,978 Shares in Sprott Physical Gold and Silver Trust $CEF Purchased by Verity Asset Management Inc.

Verity Asset Management Inc. purchased a new position in shares of Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) during the fourth quarter, HoldingsChannel reports. The fund purchased 12,978 shares of the company’s stock, valued at approximately $594,000.

Other hedge funds have also bought and sold shares of the company. Concurrent Investment Advisors LLC increased its position in Sprott Physical Gold and Silver Trust by 62.7% during the third quarter. Concurrent Investment Advisors LLC now owns 113,832 shares of the company’s stock worth $4,176,000 after acquiring an additional 43,852 shares during the period. Bleakley Financial Group LLC increased its position in 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 worth $191,474,000 after acquiring an additional 159,812 shares during the period. TIAA Trust National Association increased its position in Sprott Physical Gold and Silver Trust by 10.5% during the third quarter. TIAA Trust National Association now owns 400,125 shares of the company’s stock worth $14,681,000 after acquiring an additional 38,090 shares during the period. Teacher Retirement System of Texas bought a new position in Sprott Physical Gold and Silver Trust during the third quarter worth about $3,669,000. Finally, Jones Financial Companies Lllp increased its position in Sprott Physical Gold and Silver Trust by 32.7% during the third quarter. Jones Financial Companies Lllp now owns 140,501 shares of the company’s stock worth $5,041,000 after acquiring an additional 34,661 shares during the period.

Sprott Physical Gold and Silver Trust Price Performance

NYSEAMERICAN:CEF traded up $0.93 during mid-day trading on Thursday, reaching $47.38. 91,025 shares of the company’s stock were exchanged, compared to its average volume of 1,499,032. Sprott Physical Gold and Silver Trust has a one year low of $28.01 and a one year high of $61.38. The business’s fifty day simple moving average is $49.68 and its two-hundred day simple moving average is $46.57.

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.