Benjamin Edwards Inc. purchased a new position in shares of Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF – Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 13,500 shares of the company’s stock, valued at approximately $618,000.
Other hedge funds have also made changes to their positions in the company. Jupiter Asset Management Ltd. grew its stake in 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 in the last quarter. Jane Street Group LLC grew its stake in Sprott Physical Gold and Silver Trust by 51.8% in the second quarter. Jane Street Group LLC now owns 555,963 shares of the company’s stock worth $16,734,000 after purchasing an additional 189,669 shares in the last quarter. Bleakley Financial Group LLC grew its stake in Sprott Physical Gold and Silver Trust by 3.2% in the third quarter. Bleakley Financial Group LLC now owns 5,218,691 shares of the company’s stock worth $191,474,000 after purchasing an additional 159,812 shares in the last quarter. Ameriprise Financial Inc. grew its stake in Sprott Physical Gold and Silver Trust by 25.2% in the second quarter. Ameriprise Financial Inc. now owns 787,541 shares of the company’s stock worth $23,700,000 after purchasing an additional 158,687 shares in the last quarter. Finally, Financial Planning Navigators CORP acquired a new position in Sprott Physical Gold and Silver Trust in the fourth quarter worth about $4,927,000.
Sprott Physical Gold and Silver Trust Trading Up 1.2%
NYSEAMERICAN:CEF opened at $50.32 on Friday. Sprott Physical Gold and Silver Trust has a one year low of $28.01 and a one year high of $61.38. The stock has a 50-day simple moving average of $49.29 and a 200 day simple moving average of $46.86.
About Sprott Physical Gold and Silver Trust
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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