Beaumont Financial Advisors LLC Acquires 26,125 Shares of Sprott Physical Silver Trust $PSLV

Beaumont Financial Advisors LLC grew its holdings in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 24.0% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 134,878 shares of the exchange traded fund’s stock after buying an additional 26,125 shares during the period. Beaumont Financial Advisors LLC’s holdings in Sprott Physical Silver Trust were worth $3,190,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the business. NewEdge Advisors LLC lifted its holdings in shares of Sprott Physical Silver Trust by 23.2% in the 1st quarter. NewEdge Advisors LLC now owns 67,917 shares of the exchange traded fund’s stock valued at $788,000 after acquiring an additional 12,810 shares during the last quarter. EverSource Wealth Advisors LLC increased its stake in Sprott Physical Silver Trust by 996.7% during the second quarter. EverSource Wealth Advisors LLC now owns 44,176 shares of the exchange traded fund’s stock worth $541,000 after acquiring an additional 40,148 shares during the last quarter. Gateway Wealth Partners LLC bought a new stake in Sprott Physical Silver Trust during the second quarter worth approximately $122,000. Proactive Wealth Strategies LLC purchased a new stake in Sprott Physical Silver Trust during the second quarter valued at approximately $3,096,000. Finally, StoneX Group Inc. raised its position in Sprott Physical Silver Trust by 122.2% during the second quarter. StoneX Group Inc. now owns 58,324 shares of the exchange traded fund’s stock valued at $714,000 after purchasing an additional 32,074 shares during the period.

Sprott Physical Silver Trust Stock Down 3.6%

NYSEARCA:PSLV opened at $23.57 on Friday. The business has a 50 day simple moving average of $26.87 and a 200-day simple moving average of $22.10. Sprott Physical Silver Trust has a 1 year low of $9.97 and a 1 year high of $38.13.

Sprott Physical Silver Trust Company Profile

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.