Oppenheimer & Co. Inc. Increases Holdings in Sprott Physical Gold and Silver Trust $CEF

Oppenheimer & Co. Inc. boosted its stake in shares of Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) by 10.9% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 125,701 shares of the company’s stock after buying an additional 12,339 shares during the period. Oppenheimer & Co. Inc. owned 0.06% of Sprott Physical Gold and Silver Trust worth $4,612,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Accordant Advisory Group Inc boosted its position in shares of Sprott Physical Gold and Silver Trust by 1.5% during the 2nd quarter. Accordant Advisory Group Inc now owns 26,042 shares of the company’s stock valued at $784,000 after acquiring an additional 396 shares during the last quarter. Advantage Trust Co increased its position in Sprott Physical Gold and Silver Trust by 28.6% during the second quarter. Advantage Trust Co now owns 1,800 shares of the company’s stock worth $54,000 after purchasing an additional 400 shares during the last quarter. Highland Capital Management LLC raised its stake in Sprott Physical Gold and Silver Trust by 1.3% during the third quarter. Highland Capital Management LLC now owns 30,928 shares of the company’s stock worth $1,135,000 after purchasing an additional 400 shares during the period. Fermata Advisors LLC boosted its holdings in Sprott Physical Gold and Silver Trust by 3.4% in the 3rd quarter. Fermata Advisors LLC now owns 12,592 shares of the company’s stock valued at $462,000 after purchasing an additional 409 shares during the last quarter. Finally, Freestone Capital Holdings LLC grew its stake in shares of Sprott Physical Gold and Silver Trust by 6.6% in the 2nd quarter. Freestone Capital Holdings LLC now owns 8,030 shares of the company’s stock valued at $242,000 after buying an additional 500 shares during the period.

Sprott Physical Gold and Silver Trust Stock Performance

Shares of NYSEAMERICAN CEF opened at $53.02 on Thursday. The company has a 50 day simple moving average of $48.95 and a 200-day simple moving average of $40.30. Sprott Physical Gold and Silver Trust has a 1 year low of $25.82 and a 1 year high of $61.38.

Sprott Physical Gold and Silver Trust Company Profile

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.