Wealth Enhancement Advisory Services LLC Increases Stock Holdings in Sprott Physical Gold and Silver Trust $CEF

Wealth Enhancement Advisory Services LLC raised its holdings in Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) by 25.3% in the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 261,559 shares of the company’s stock after buying an additional 52,851 shares during the quarter. Wealth Enhancement Advisory Services LLC owned about 0.12% of Sprott Physical Gold and Silver Trust worth $9,887,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the business. Jupiter Asset Management Ltd. raised its position in shares of Sprott Physical Gold and Silver Trust by 15.2% in the 2nd quarter. Jupiter Asset Management Ltd. now owns 2,738,737 shares of the company’s stock valued at $82,348,000 after purchasing an additional 360,777 shares during the last quarter. Ameriprise Financial Inc. increased its stake in Sprott Physical Gold and Silver Trust by 25.2% during the 2nd quarter. Ameriprise Financial Inc. now owns 787,541 shares of the company’s stock valued at $23,700,000 after purchasing an additional 158,687 shares in the last quarter. 3EDGE Asset Management LP raised its holdings in shares of Sprott Physical Gold and Silver Trust by 46.4% in the second quarter. 3EDGE Asset Management LP now owns 589,317 shares of the company’s stock worth $17,568,000 after buying an additional 186,745 shares during the last quarter. Beaumont Financial Advisors LLC raised its holdings in shares of Sprott Physical Gold and Silver Trust by 9.1% in the second quarter. Beaumont Financial Advisors LLC now owns 584,808 shares of the company’s stock worth $17,603,000 after buying an additional 49,015 shares during the last quarter. Finally, Jane Street Group LLC lifted its stake in shares of Sprott Physical Gold and Silver Trust by 51.8% during the second quarter. Jane Street Group LLC now owns 555,963 shares of the company’s stock worth $16,734,000 after buying an additional 189,669 shares during the period.

Sprott Physical Gold and Silver Trust Price Performance

NYSEAMERICAN CEF opened at $57.04 on Friday. The stock’s fifty day moving average price is $45.59 and its 200 day moving average price is $38.25. Sprott Physical Gold and Silver Trust has a 1 year low of $24.87 and a 1 year high of $57.05.

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.