Managed Asset Portfolios LLC Lowers Stake in Sprott Physical Gold and Silver Trust $CEF

Managed Asset Portfolios LLC trimmed its position in Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) by 1.1% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,139,873 shares of the company’s stock after selling 12,583 shares during the period. Sprott Physical Gold and Silver Trust comprises 5.2% of Managed Asset Portfolios LLC’s portfolio, making the stock its 2nd biggest holding. Managed Asset Portfolios LLC owned about 0.53% of Sprott Physical Gold and Silver Trust worth $41,822,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Bessemer Group Inc. bought a new position in shares of Sprott Physical Gold and Silver Trust in the 3rd quarter worth approximately $28,000. CWM LLC increased its holdings in Sprott Physical Gold and Silver Trust by 139.0% during the second quarter. CWM LLC now owns 956 shares of the company’s stock valued at $29,000 after buying an additional 556 shares during the last quarter. Assetmark Inc. increased its holdings in Sprott Physical Gold and Silver Trust by 602.5% during the third quarter. Assetmark Inc. now owns 843 shares of the company’s stock valued at $31,000 after buying an additional 723 shares during the last quarter. Atlantic Union Bankshares Corp bought a new position in Sprott Physical Gold and Silver Trust in the second quarter worth approximately $42,000. Finally, Private Trust Co. NA purchased a new position in shares of Sprott Physical Gold and Silver Trust during the 3rd quarter worth $65,000.

Sprott Physical Gold and Silver Trust Price Performance

Shares of CEF stock opened at $52.47 on Wednesday. Sprott Physical Gold and Silver Trust has a 1 year low of $26.01 and a 1 year high of $61.38. The firm has a fifty day moving average price of $51.39 and a 200-day moving average price of $42.49.

Sprott Physical Gold and Silver Trust 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.