Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) Reaches New 52-Week High – Here’s What Happened

Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $26.83 and last traded at $26.76, with a volume of 694135 shares changing hands. The stock had previously closed at $26.41.

Sprott Physical Gold and Silver Trust Stock Performance

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Arbor Capital Management Inc. ADV acquired a new position in shares of Sprott Physical Gold and Silver Trust in the fourth quarter valued at approximately $221,000. Rockport Wealth LLC boosted its stake in Sprott Physical Gold and Silver Trust by 0.8% in the 4th quarter. Rockport Wealth LLC now owns 64,657 shares of the company’s stock worth $1,536,000 after purchasing an additional 540 shares during the period. Harbour Investments Inc. increased its holdings in Sprott Physical Gold and Silver Trust by 11.1% during the 4th quarter. Harbour Investments Inc. now owns 5,304 shares of the company’s stock worth $126,000 after purchasing an additional 530 shares in the last quarter. Corient Private Wealth LLC raised its stake in shares of Sprott Physical Gold and Silver Trust by 103.4% in the 4th quarter. Corient Private Wealth LLC now owns 50,873 shares of the company’s stock valued at $1,209,000 after purchasing an additional 25,866 shares during the period. Finally, Commonwealth Equity Services LLC lifted its holdings in shares of Sprott Physical Gold and Silver Trust by 27.3% in the fourth quarter. Commonwealth Equity Services LLC now owns 466,783 shares of the company’s stock valued at $11,091,000 after purchasing an additional 100,093 shares in the last quarter.

About Sprott Physical Gold and Silver Trust

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.