Bleakley Financial Group LLC Has $191.47 Million Stock Holdings in Sprott Physical Gold and Silver Trust $CEF

Bleakley Financial Group LLC raised its stake in Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) by 3.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,218,691 shares of the company’s stock after buying an additional 159,812 shares during the period. Sprott Physical Gold and Silver Trust comprises about 4.4% of Bleakley Financial Group LLC’s investment portfolio, making the stock its biggest position. Bleakley Financial Group LLC owned 2.43% of Sprott Physical Gold and Silver Trust worth $191,474,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Jupiter Asset Management Ltd. grew its position in Sprott Physical Gold and Silver Trust by 29.7% in the third quarter. Jupiter Asset Management Ltd. now owns 3,551,434 shares of the company’s stock worth $130,112,000 after acquiring an additional 812,697 shares in the last quarter. GWN Securities Inc. grew its position in Sprott Physical Gold and Silver Trust by 1,878.1% during the second quarter. GWN Securities Inc. now owns 227,584 shares of the company’s stock valued at $6,850,000 after acquiring an additional 216,079 shares during the last quarter. TIAA Trust National Association raised its stake in shares of Sprott Physical Gold and Silver Trust by 119.1% during the second quarter. TIAA Trust National Association now owns 362,035 shares of the company’s stock worth $10,897,000 after acquiring an additional 196,787 shares in the last quarter. Jane Street Group LLC lifted its holdings in shares of Sprott Physical Gold and Silver Trust by 51.8% in the 2nd quarter. Jane Street Group LLC now owns 555,963 shares of the company’s stock worth $16,734,000 after acquiring an additional 189,669 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its stake in shares of Sprott Physical Gold and Silver Trust by 25.2% in 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.

Sprott Physical Gold and Silver Trust Trading Up 4.9%

Shares of NYSEAMERICAN:CEF opened at $53.00 on Friday. The company’s fifty day moving average is $50.04 and its 200 day moving average is $41.26. Sprott Physical Gold and Silver Trust has a 52 week low of $25.82 and a 52 week high of $61.38.

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.