Franklin Resources Inc. Invests $642,000 in Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF)

Franklin Resources Inc. purchased a new stake in shares of Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 25,850 shares of the company’s stock, valued at approximately $642,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Coastline Trust Co bought a new stake in shares of Sprott Physical Gold and Silver Trust in the third quarter valued at $43,000. Missouri Trust & Investment Co raised its position in shares of Sprott Physical Gold and Silver Trust by 57.9% in the third quarter. Missouri Trust & Investment Co now owns 1,833 shares of the company’s stock valued at $45,000 after purchasing an additional 672 shares during the period. JNBA Financial Advisors lifted its stake in shares of Sprott Physical Gold and Silver Trust by 812.8% during the 3rd quarter. JNBA Financial Advisors now owns 3,706 shares of the company’s stock valued at $91,000 after buying an additional 3,300 shares in the last quarter. Perkins Coie Trust Co bought a new position in Sprott Physical Gold and Silver Trust in the 3rd quarter worth approximately $147,000. Finally, Bank of New York Mellon Corp purchased a new position in shares of Sprott Physical Gold and Silver Trust in the second quarter valued at $206,000.

Sprott Physical Gold and Silver Trust Price Performance

Shares of CEF opened at $23.66 on Tuesday. Sprott Physical Gold and Silver Trust has a 52-week low of $18.04 and a 52-week high of $26.50.

Sprott Physical Gold and Silver Trust Company Profile

Sprott Physical Gold & Silver Trust operates as a closed-ended investment fund/investment trust. The company was founded on October 26, 2017 and is headquartered in Toronto, Canada.