Commonwealth Equity Services LLC Sells 125,377 Shares of Sprott Physical Gold and Silver Trust $CEF

Commonwealth Equity Services LLC lessened its stake in shares of Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) by 29.6% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 297,824 shares of the company’s stock after selling 125,377 shares during the period. Commonwealth Equity Services LLC owned 0.14% of Sprott Physical Gold and Silver Trust worth $10,927,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. NewEdge Advisors LLC grew its holdings in shares of Sprott Physical Gold and Silver Trust by 10.5% during the 1st quarter. NewEdge Advisors LLC now owns 7,842 shares of the company’s stock worth $223,000 after purchasing an additional 744 shares in the last quarter. HBW Advisory Services LLC lifted its position in Sprott Physical Gold and Silver Trust by 33.9% during the second quarter. HBW Advisory Services LLC now owns 22,469 shares of the company’s stock worth $676,000 after purchasing an additional 5,692 shares during the period. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in Sprott Physical Gold and Silver Trust during the second quarter worth about $42,000. Bulwark Capital Corp acquired a new stake in Sprott Physical Gold and Silver Trust during the second quarter worth about $123,000. Finally, Fermata Advisors LLC increased its holdings in Sprott Physical Gold and Silver Trust by 3.9% in the 2nd quarter. Fermata Advisors LLC now owns 12,183 shares of the company’s stock valued at $367,000 after buying an additional 454 shares during the period.

Sprott Physical Gold and Silver Trust Stock Up 1.7%

Shares of Sprott Physical Gold and Silver Trust stock opened at $48.83 on Monday. The company has a 50 day moving average of $42.66 and a 200-day moving average of $36.77. Sprott Physical Gold and Silver Trust has a 1-year low of $24.43 and a 1-year high of $49.56.

Sprott Physical Gold and Silver Trust Company 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.