Belpointe Asset Management LLC lowered its position in shares of Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF – Free Report) by 69.8% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 44,599 shares of the company’s stock after selling 103,222 shares during the quarter. Belpointe Asset Management LLC’s holdings in Sprott Physical Gold and Silver Trust were worth $1,636,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. CWM LLC boosted its position in shares of Sprott Physical Gold and Silver Trust by 139.0% during the 2nd quarter. CWM LLC now owns 956 shares of the company’s stock valued at $29,000 after purchasing an additional 556 shares in the last quarter. Atlantic Union Bankshares Corp acquired a new stake in Sprott Physical Gold and Silver Trust during the second quarter valued at approximately $42,000. Private Trust Co. NA bought a new stake in Sprott Physical Gold and Silver Trust during the third quarter worth approximately $65,000. Advantage Trust Co increased its holdings in shares of Sprott Physical Gold and Silver Trust by 28.6% in the second quarter. Advantage Trust Co now owns 1,800 shares of the company’s stock valued at $54,000 after buying an additional 400 shares in the last quarter. Finally, GAMMA Investing LLC lifted its position in shares of Sprott Physical Gold and Silver Trust by 33.6% during the 3rd quarter. GAMMA Investing LLC now owns 2,671 shares of the company’s stock valued at $98,000 after acquiring an additional 671 shares during the last quarter.
Sprott Physical Gold and Silver Trust Price Performance
CEF opened at $59.11 on Thursday. The business has a fifty day simple moving average of $46.79 and a 200-day simple moving average of $38.90. Sprott Physical Gold and Silver Trust has a fifty-two week low of $25.19 and a fifty-two week high of $61.36.
About Sprott Physical Gold and Silver Trust
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.
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