PFG Investments LLC Reduces Stock Position in Sprott Physical Gold and Silver Trust $CEF

PFG Investments LLC cut its stake in Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) by 3.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 330,265 shares of the company’s stock after selling 11,495 shares during the period. Sprott Physical Gold and Silver Trust makes up approximately 0.7% of PFG Investments LLC’s holdings, making the stock its 23rd largest holding. PFG Investments LLC owned about 0.15% of Sprott Physical Gold and Silver Trust worth $15,126,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in CEF. NewEdge Advisors LLC increased its holdings in Sprott Physical Gold and Silver Trust by 10.5% in the first quarter. NewEdge Advisors LLC now owns 7,842 shares of the company’s stock valued at $223,000 after buying an additional 744 shares in the last quarter. M&T Bank Corp acquired a new stake in shares of Sprott Physical Gold and Silver Trust in the second quarter valued at approximately $220,000. Cerity Partners LLC grew its position in shares of Sprott Physical Gold and Silver Trust by 2.5% in the second quarter. Cerity Partners LLC now owns 20,281 shares of the company’s stock valued at $610,000 after purchasing an additional 500 shares during the last quarter. Jane Street Group LLC grew its position in shares of Sprott Physical Gold and Silver Trust by 51.8% in the second quarter. Jane Street Group LLC now owns 555,963 shares of the company’s stock valued at $16,734,000 after purchasing an additional 189,669 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its position in shares of Sprott Physical Gold and Silver Trust by 25.2% in the second quarter. Ameriprise Financial Inc. now owns 787,541 shares of the company’s stock valued at $23,700,000 after purchasing an additional 158,687 shares during the last quarter.

Sprott Physical Gold and Silver Trust Trading Down 0.4%

CEF stock opened at $49.72 on Thursday. The company’s 50 day simple moving average is $49.97 and its 200-day simple moving average is $45.79. Sprott Physical Gold and Silver Trust has a 12 month low of $28.01 and a 12 month high of $61.38.

Sprott Physical Gold and Silver Trust 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.