Park Avenue Securities LLC Invests $490,000 in Sprott Physical Gold and Silver Trust $CEF

Park Avenue Securities LLC acquired a new position in shares of Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 16,290 shares of the company’s stock, valued at approximately $490,000.

Other large investors also recently modified their holdings of the company. Bluefin Capital Management LLC acquired a new position in shares of Sprott Physical Gold and Silver Trust during the 1st quarter worth about $37,797,000. Arkadios Wealth Advisors acquired a new position in shares of Sprott Physical Gold and Silver Trust during the 1st quarter worth about $7,436,000. GAMMA Investing LLC boosted its stake in shares of Sprott Physical Gold and Silver Trust by 2,741.0% during the 1st quarter. GAMMA Investing LLC now owns 56,820 shares of the company’s stock worth $1,614,000 after buying an additional 54,820 shares during the last quarter. Simplicity Wealth LLC boosted its stake in shares of Sprott Physical Gold and Silver Trust by 95.1% during the 1st quarter. Simplicity Wealth LLC now owns 93,006 shares of the company’s stock worth $2,642,000 after buying an additional 45,346 shares during the last quarter. Finally, Petra Financial Advisors Inc. acquired a new position in shares of Sprott Physical Gold and Silver Trust during the 1st quarter worth about $275,000.

Sprott Physical Gold and Silver Trust Stock Up 1.8%

Shares of CEF stock opened at $36.54 on Tuesday. The firm’s 50-day moving average is $32.45 and its 200-day moving average is $30.38. Sprott Physical Gold and Silver Trust has a 52-week low of $23.53 and a 52-week high of $36.64.

Sprott Physical Gold and Silver Trust 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.