Manchester Financial Inc. Decreases Holdings in Sprott Physical Gold and Silver Trust $CEF

Manchester Financial Inc. trimmed its position in shares of Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEFFree Report) by 85.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 8,741 shares of the company’s stock after selling 49,682 shares during the period. Manchester Financial Inc.’s holdings in Sprott Physical Gold and Silver Trust were worth $400,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of CEF. Jupiter Asset Management Ltd. raised its holdings in shares of 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 valued at $130,112,000 after buying an additional 812,697 shares in the last quarter. 3EDGE Asset Management LP bought a new position in Sprott Physical Gold and Silver Trust during the 4th quarter worth approximately $26,268,000. Jane Street Group LLC grew its position in Sprott Physical Gold and Silver Trust by 51.8% during 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. Bleakley Financial Group LLC grew its position 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 last quarter. Finally, Ameriprise Financial Inc. grew its position 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 last quarter.

Sprott Physical Gold and Silver Trust Stock Performance

CEF opened at $43.28 on Friday. The stock’s 50 day simple moving average is $47.82 and its 200 day simple moving average is $48.46. Sprott Physical Gold and Silver Trust has a 1 year low of $29.69 and a 1 year high of $61.38.

About Sprott Physical Gold and Silver Trust

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF)

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