Beaumont Financial Advisors LLC Has $1.05 Million Holdings in Sprott Physical Silver Trust $PSLV

Beaumont Financial Advisors LLC cut its holdings in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 3.4% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 85,867 shares of the exchange traded fund’s stock after selling 3,057 shares during the period. Beaumont Financial Advisors LLC’s holdings in Sprott Physical Silver Trust were worth $1,051,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in PSLV. Bank of America Corp DE increased its stake in shares of Sprott Physical Silver Trust by 9.2% in the fourth quarter. Bank of America Corp DE now owns 442,453 shares of the exchange traded fund’s stock worth $4,270,000 after purchasing an additional 37,335 shares during the period. Wealth Enhancement Advisory Services LLC increased its stake in shares of Sprott Physical Silver Trust by 49.9% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 517,186 shares of the exchange traded fund’s stock worth $4,991,000 after purchasing an additional 172,137 shares during the period. Gradient Investments LLC increased its stake in shares of Sprott Physical Silver Trust by 2.9% in the first quarter. Gradient Investments LLC now owns 298,263 shares of the exchange traded fund’s stock worth $3,460,000 after purchasing an additional 8,364 shares during the period. Merit Financial Group LLC increased its stake in shares of Sprott Physical Silver Trust by 25.3% in the first quarter. Merit Financial Group LLC now owns 44,842 shares of the exchange traded fund’s stock worth $520,000 after purchasing an additional 9,042 shares during the period. Finally, Apella Capital LLC bought a new position in shares of Sprott Physical Silver Trust in the first quarter worth about $3,897,000.

Sprott Physical Silver Trust Trading Up 2.8%

Sprott Physical Silver Trust stock opened at $15.54 on Friday. The business’s 50-day simple moving average is $13.47 and its 200-day simple moving average is $12.20. Sprott Physical Silver Trust has a 52 week low of $9.60 and a 52 week high of $15.61.

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.