Daytona Street Capital LLC bought a new position in shares of Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF – Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 13,666 shares of the company’s stock, valued at approximately $626,000.
A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Bleakley Financial Group LLC increased its holdings in Sprott Physical Gold and Silver Trust by 3.2% during the 3rd quarter. Bleakley Financial Group LLC now owns 5,218,691 shares of the company’s stock worth $191,474,000 after acquiring an additional 159,812 shares during the period. Jupiter Asset Management Ltd. increased its holdings in Sprott Physical Gold and Silver Trust by 29.7% during the 3rd 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 during the period. Raymond James Financial Inc. increased its holdings in Sprott Physical Gold and Silver Trust by 6.9% during the 3rd quarter. Raymond James Financial Inc. now owns 1,129,712 shares of the company’s stock worth $41,449,000 after acquiring an additional 73,201 shares during the period. Ameriprise Financial Inc. increased its holdings 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 worth $23,700,000 after acquiring an additional 158,687 shares during the period. Finally, Bank of America Corp DE increased its holdings in Sprott Physical Gold and Silver Trust by 0.8% during the 3rd quarter. Bank of America Corp DE now owns 693,257 shares of the company’s stock worth $25,436,000 after acquiring an additional 5,506 shares during the period.
Sprott Physical Gold and Silver Trust Stock Down 0.2%
Sprott Physical Gold and Silver Trust stock opened at $46.95 on Tuesday. The firm’s 50 day simple moving average is $50.71 and its 200 day simple moving average is $45.22. Sprott Physical Gold and Silver Trust has a 1-year low of $26.01 and a 1-year high of $61.38.
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.
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