Sprott Physical Silver Trust $PSLV Holdings Increased by Cyndeo Wealth Partners LLC

Cyndeo Wealth Partners LLC raised its position in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 35.8% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 783,096 shares of the exchange traded fund’s stock after acquiring an additional 206,374 shares during the period. Cyndeo Wealth Partners LLC’s holdings in Sprott Physical Silver Trust were worth $15,169,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Surience Private Wealth LLC grew its holdings in Sprott Physical Silver Trust by 19.7% in the third quarter. Surience Private Wealth LLC now owns 34,140 shares of the exchange traded fund’s stock valued at $661,000 after purchasing an additional 5,614 shares during the last quarter. Global Strategic Management Inc. raised its stake in shares of Sprott Physical Silver Trust by 0.9% during the 3rd quarter. Global Strategic Management Inc. now owns 75,700 shares of the exchange traded fund’s stock worth $1,466,000 after buying an additional 700 shares during the last quarter. Columbia Advisory Partners LLC raised its stake in shares of Sprott Physical Silver Trust by 16.8% during the 3rd quarter. Columbia Advisory Partners LLC now owns 106,945 shares of the exchange traded fund’s stock worth $2,072,000 after buying an additional 15,407 shares during the last quarter. Walser Wealth Management Company A Ltd Liability Co raised its stake in shares of Sprott Physical Silver Trust by 57.8% during the 3rd quarter. Walser Wealth Management Company A Ltd Liability Co now owns 234,754 shares of the exchange traded fund’s stock worth $4,547,000 after buying an additional 85,980 shares during the last quarter. Finally, First Merchants Corp acquired a new position in shares of Sprott Physical Silver Trust during the 3rd quarter worth $272,000.

Sprott Physical Silver Trust Price Performance

Shares of Sprott Physical Silver Trust stock traded down $0.12 on Friday, hitting $18.48. The company’s stock had a trading volume of 3,097,419 shares, compared to its average volume of 12,411,356. Sprott Physical Silver Trust has a 52-week low of $15.06 and a 52-week high of $38.13. The firm has a fifty day moving average price of $20.89 and a 200-day moving average price of $21.71.

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.