Discipline Wealth Solutions LLC Invests $876,000 in Sprott Physical Silver Trust $PSLV

Discipline Wealth Solutions LLC purchased a new stake in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) during the 1st quarter, HoldingsChannel.com reports. The fund purchased 35,922 shares of the exchange traded fund’s stock, valued at approximately $876,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. ORG Wealth Partners LLC purchased a new stake in Sprott Physical Silver Trust in the fourth quarter worth about $25,000. Mcguire Capital Advisors Inc. purchased a new position in Sprott Physical Silver Trust during the 4th quarter valued at about $27,000. Purpose Unlimited Inc. purchased a new position in Sprott Physical Silver Trust during the 4th quarter valued at about $28,000. Strategic Advocates LLC bought a new stake in shares of Sprott Physical Silver Trust in the 3rd quarter valued at about $29,000. Finally, Laurel Wealth Advisors LLC bought a new stake in shares of Sprott Physical Silver Trust in the 4th quarter valued at about $31,000.

Sprott Physical Silver Trust Stock Down 1.9%

Shares of PSLV opened at $20.61 on Tuesday. The company has a 50 day moving average price of $24.02 and a 200-day moving average price of $25.16. Sprott Physical Silver Trust has a fifty-two week low of $11.91 and a fifty-two week high of $38.13.

Sprott Physical Silver Trust Company Profile

Sprott Physical Silver Trust is a closed-end investment trust company, which engages in the provision of a secure, convenient, and exchange-traded investment alternative for investors interested in holding physical silver bullion without the inconvenience that is typical of a direct investment in physical silver bullion. The Trust invests and intends to continue to invest primarily in long-term holdings of unencumbered, fully allocated, physical silver bullion, and does not speculate with regard to short-term changes in silver prices.