TD Waterhouse Canada Inc. Acquires 12,439 Shares of Sprott Physical Gold and Silver Trust $CEF

TD Waterhouse Canada Inc. boosted its position in Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) by 7.3% in the second quarter, HoldingsChannel.com reports. The firm owned 183,699 shares of the company’s stock after acquiring an additional 12,439 shares during the period. TD Waterhouse Canada Inc.’s holdings in Sprott Physical Gold and Silver Trust were worth $7,379,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in CEF. Litman Gregory Wealth Management LLC acquired a new stake in shares of Sprott Physical Gold and Silver Trust during the fourth quarter worth $30,000. Bard Associates Inc. acquired a new stake in shares of Sprott Physical Gold and Silver Trust in the fourth quarter worth $69,000. Sound Income Strategies LLC grew its position in Sprott Physical Gold and Silver Trust by 93.7% during the 1st quarter. Sound Income Strategies LLC now owns 1,439 shares of the company’s stock worth $70,000 after purchasing an additional 696 shares during the period. Contravisory Investment Management Inc. acquired a new stake in Sprott Physical Gold and Silver Trust during the first quarter worth about $74,000. Finally, Chapman Financial Group LLC purchased a new position in shares of Sprott Physical Gold and Silver Trust during the 2nd quarter valued at approximately $84,000.

Sprott Physical Gold and Silver Trust Stock Performance

Shares of Sprott Physical Gold and Silver Trust stock opened at $45.27 on Friday. The business has a 50-day moving average price of $42.60 and a 200 day moving average price of $46.19. Sprott Physical Gold and Silver Trust has a twelve month low of $33.25 and a twelve month high of $61.38.

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.