Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF – Get Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $43.36 and traded as high as $53.96. Sprott Physical Gold and Silver Trust shares last traded at $53.87, with a volume of 495,625 shares.
Sprott Physical Gold and Silver Trust Price Performance
The business has a fifty day moving average of $52.14 and a 200-day moving average of $43.36.
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of the business. Litman Gregory Wealth Management LLC bought a new stake in shares of Sprott Physical Gold and Silver Trust during the 4th quarter worth about $30,000. Bessemer Group Inc. acquired a new stake in shares of Sprott Physical Gold and Silver Trust in the 3rd quarter worth approximately $28,000. Assetmark Inc. boosted its holdings in shares of Sprott Physical Gold and Silver Trust by 602.5% in the third quarter. Assetmark Inc. now owns 843 shares of the company’s stock valued at $31,000 after acquiring an additional 723 shares in the last quarter. Halbert Hargrove Global Advisors LLC bought a new position in shares of Sprott Physical Gold and Silver Trust in the fourth quarter valued at approximately $46,000. Finally, Atlantic Union Bankshares Corp acquired a new position in shares of Sprott Physical Gold and Silver Trust during the second quarter valued at approximately $42,000.
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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