Bay Colony Advisory Group Inc d b a Bay Colony Advisors Has $641,000 Holdings in Sprott Physical Silver Trust $PSLV

Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its holdings in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) by 114.2% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 40,825 shares of the exchange traded fund’s stock after purchasing an additional 21,762 shares during the quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors’ holdings in Sprott Physical Silver Trust were worth $641,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the business. Carnegie Lake Advisors LLC boosted its stake in shares of Sprott Physical Silver Trust by 1.2% during the 3rd quarter. Carnegie Lake Advisors LLC now owns 62,750 shares of the exchange traded fund’s stock worth $985,000 after buying an additional 750 shares during the last quarter. Sandy Cove Advisors LLC increased its position in shares of Sprott Physical Silver Trust by 4.9% in the third quarter. Sandy Cove Advisors LLC now owns 17,000 shares of the exchange traded fund’s stock valued at $267,000 after acquiring an additional 800 shares during the last quarter. Destiny Wealth Partners LLC raised its holdings in Sprott Physical Silver Trust by 2.9% during the second quarter. Destiny Wealth Partners LLC now owns 32,085 shares of the exchange traded fund’s stock worth $393,000 after acquiring an additional 904 shares in the last quarter. Bleakley Financial Group LLC boosted its position in Sprott Physical Silver Trust by 0.3% during the second quarter. Bleakley Financial Group LLC now owns 299,258 shares of the exchange traded fund’s stock valued at $3,663,000 after purchasing an additional 910 shares during the last quarter. Finally, Meixler Investment Management Ltd. grew its stake in Sprott Physical Silver Trust by 3.4% in the second quarter. Meixler Investment Management Ltd. now owns 28,240 shares of the exchange traded fund’s stock valued at $346,000 after purchasing an additional 925 shares in the last quarter.

Sprott Physical Silver Trust Stock Up 3.8%

NYSEARCA:PSLV opened at $26.45 on Friday. Sprott Physical Silver Trust has a twelve month low of $9.88 and a twelve month high of $27.01. The stock’s 50 day moving average price is $20.29 and its two-hundred day moving average price is $16.25.

About Sprott Physical Silver Trust

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. The Trust invests and intends to continue to invest primarily in long-term holdings of unencumbered, fully allocated, physical silver bullion, and does not speculate with regard to short-term changes in silver prices.