Allworth Financial LP Purchases 10,905 Shares of Sprott Physical Gold and Silver Trust $CEF

Allworth Financial LP increased its position in Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) by 24.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 54,777 shares of the company’s stock after purchasing an additional 10,905 shares during the quarter. Allworth Financial LP’s holdings in Sprott Physical Gold and Silver Trust were worth $2,509,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of CEF. Bessemer Group Inc. bought a new position in Sprott Physical Gold and Silver Trust in the third quarter worth $28,000. Assetmark Inc. lifted its position in Sprott Physical Gold and Silver Trust by 602.5% in the third quarter. Assetmark Inc. now owns 843 shares of the company’s stock worth $31,000 after purchasing an additional 723 shares during the period. Halbert Hargrove Global Advisors LLC bought a new position in Sprott Physical Gold and Silver Trust in the fourth quarter worth $46,000. Laurel Wealth Advisors LLC bought a new position in Sprott Physical Gold and Silver Trust in the fourth quarter worth $78,000. Finally, Chapman Financial Group LLC bought a new position in Sprott Physical Gold and Silver Trust in the second quarter worth $84,000.

Sprott Physical Gold and Silver Trust Stock Down 5.1%

Shares of CEF stock opened at $47.88 on Friday. Sprott Physical Gold and Silver Trust has a one year low of $28.03 and a one year high of $61.38. The stock has a fifty day moving average price of $48.85 and a 200 day moving average price of $47.31.

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.