Astoria Portfolio Advisors LLC. Invests $538,000 in Sprott Physical Gold and Silver Trust $CEF

Astoria Portfolio Advisors LLC. bought a new stake in Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 13,949 shares of the company’s stock, valued at approximately $538,000.

A number of other hedge funds have also modified their holdings of CEF. CWM LLC grew its position in shares of Sprott Physical Gold and Silver Trust by 139.0% in the 2nd quarter. CWM LLC now owns 956 shares of the company’s stock valued at $29,000 after purchasing an additional 556 shares during the period. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Sprott Physical Gold and Silver Trust during the 2nd quarter worth approximately $42,000. Atlantic Union Bankshares Corp bought a new stake in shares of Sprott Physical Gold and Silver Trust during the 2nd quarter worth approximately $42,000. Advantage Trust Co raised its stake in shares of Sprott Physical Gold and Silver Trust by 28.6% during the 2nd quarter. Advantage Trust Co now owns 1,800 shares of the company’s stock worth $54,000 after purchasing an additional 400 shares in the last quarter. Finally, Chapman Financial Group LLC acquired a new stake in shares of Sprott Physical Gold and Silver Trust in the 2nd quarter valued at approximately $84,000.

Sprott Physical Gold and Silver Trust Stock Performance

Shares of CEF opened at $44.90 on Friday. The company’s fifty day simple moving average is $39.99 and its 200 day simple moving average is $34.91. Sprott Physical Gold and Silver Trust has a 1-year low of $23.55 and a 1-year high of $45.10.

Sprott Physical Gold and Silver Trust Profile

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.