Envestnet Asset Management Inc. Raises Stock Position in Sprott Physical Gold and Silver Trust $CEF

Envestnet Asset Management Inc. raised its position in Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) by 0.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 193,901 shares of the company’s stock after purchasing an additional 1,437 shares during the quarter. Envestnet Asset Management Inc. owned about 0.09% of Sprott Physical Gold and Silver Trust worth $5,836,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in CEF. Alexander Labrunerie & CO. Inc. acquired a new position in Sprott Physical Gold and Silver Trust in the first quarter valued at approximately $209,000. Hollencrest Capital Management increased its stake in Sprott Physical Gold and Silver Trust by 12.9% during the first quarter. Hollencrest Capital Management now owns 354,014 shares of the company’s stock worth $10,058,000 after acquiring an additional 40,554 shares during the last quarter. IFP Advisors Inc raised its position in Sprott Physical Gold and Silver Trust by 5.9% in the first quarter. IFP Advisors Inc now owns 105,118 shares of the company’s stock valued at $2,986,000 after purchasing an additional 5,872 shares during the period. North Forty Two & Co. lifted its stake in shares of Sprott Physical Gold and Silver Trust by 8.7% in the 1st quarter. North Forty Two & Co. now owns 12,500 shares of the company’s stock valued at $355,000 after purchasing an additional 1,000 shares during the last quarter. Finally, J.W. Cole Advisors Inc. lifted its stake in shares of Sprott Physical Gold and Silver Trust by 296.7% in the 1st quarter. J.W. Cole Advisors Inc. now owns 72,826 shares of the company’s stock valued at $2,069,000 after purchasing an additional 54,466 shares during the last quarter.

Sprott Physical Gold and Silver Trust Price Performance

Shares of NYSEAMERICAN:CEF opened at $40.21 on Thursday. The business has a 50-day moving average price of $36.82 and a 200 day moving average price of $32.61. Sprott Physical Gold and Silver Trust has a 12-month low of $23.53 and a 12-month high of $41.20.

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.