VectorGlobal IAG Inc. Makes New Investment in Sprott Physical Silver Trust $PSLV

VectorGlobal IAG Inc. bought a new position in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 71,906 shares of the exchange traded fund’s stock, valued at approximately $1,754,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Mcguire Capital Advisors Inc. acquired a new stake in shares of Sprott Physical Silver Trust in the fourth quarter valued at approximately $27,000. Purpose Unlimited Inc. purchased a new position in Sprott Physical Silver Trust during the fourth quarter worth approximately $28,000. Laurel Wealth Advisors LLC acquired a new position in Sprott Physical Silver Trust during the fourth quarter worth $31,000. Franklin Resources Inc. acquired a new position in Sprott Physical Silver Trust during the third quarter worth $39,000. Finally, Private Trust Co. NA boosted its stake in Sprott Physical Silver Trust by 218.4% during the fourth quarter. Private Trust Co. NA now owns 1,700 shares of the exchange traded fund’s stock worth $40,000 after buying an additional 1,166 shares during the last quarter.

Sprott Physical Silver Trust Stock Performance

Shares of NYSEARCA:PSLV opened at $18.80 on Monday. Sprott Physical Silver Trust has a 52-week low of $12.32 and a 52-week high of $38.13. The business has a fifty day moving average of $20.32 and a two-hundred day moving average of $24.30.

Sprott Physical Silver Trust Profile

Sprott Physical Silver Trust is a closed-end investment trust company, which engages in the provision of a secure, convenient, and exchange-traded investment alternative for investors interested in holding physical silver bullion without the inconvenience that is typical of a direct investment in physical silver bullion. The Trust invests and intends to continue to invest primarily in long-term holdings of unencumbered, fully allocated, physical silver bullion, and does not speculate with regard to short-term changes in silver prices.