Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) Sets New 52-Week High – Should You Buy?

Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $26.53 and last traded at $26.57, with a volume of 20970 shares traded. The stock had previously closed at $26.32.

Sprott Physical Gold and Silver Trust Stock Performance

Institutional Investors Weigh In On Sprott Physical Gold and Silver Trust

Institutional investors and hedge funds have recently made changes to their positions in the business. Coastline Trust Co purchased a new stake in Sprott Physical Gold and Silver Trust during the 3rd quarter worth $43,000. Missouri Trust & Investment Co raised its position in Sprott Physical Gold and Silver Trust by 57.9% in the third quarter. Missouri Trust & Investment Co now owns 1,833 shares of the company’s stock worth $45,000 after acquiring an additional 672 shares in the last quarter. Laurel Wealth Advisors LLC purchased a new position in Sprott Physical Gold and Silver Trust in the 4th quarter worth about $52,000. JNBA Financial Advisors grew its position in Sprott Physical Gold and Silver Trust by 812.8% during the third quarter. JNBA Financial Advisors now owns 3,706 shares of the company’s stock valued at $91,000 after purchasing an additional 3,300 shares in the last quarter. Finally, Addison Advisors LLC increased its stake in shares of Sprott Physical Gold and Silver Trust by 25.3% during the 4th quarter. Addison Advisors LLC now owns 5,940 shares of the company’s stock worth $141,000 after purchasing an additional 1,200 shares during the last quarter.

Sprott Physical Gold and Silver Trust Company Profile

Sprott Physical Gold & Silver Trust operates as a closed-ended investment fund/investment trust. The company was founded on October 26, 2017 and is headquartered in Toronto, Canada.