Sprott Physical Silver Trust $PSLV Stock Purchased by Walser Wealth Management Company A Ltd Liability Co

Walser Wealth Management Company A Ltd Liability Co boosted its stake in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) by 57.8% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 234,754 shares of the exchange traded fund’s stock after purchasing an additional 85,980 shares during the period. Sprott Physical Silver Trust accounts for about 1.7% of Walser Wealth Management Company A Ltd Liability Co’s investment portfolio, making the stock its 11th biggest holding. Walser Wealth Management Company A Ltd Liability Co’s holdings in Sprott Physical Silver Trust were worth $4,547,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Purpose Unlimited Inc. bought a new position in Sprott Physical Silver Trust in the fourth quarter valued at approximately $28,000. Contravisory Investment Management Inc. acquired a new position in shares of Sprott Physical Silver Trust during the 3rd quarter worth approximately $32,000. Trust Co. of Vermont bought a new stake in shares of Sprott Physical Silver Trust during the 2nd quarter worth approximately $39,000. Root Financial Partners LLC bought a new stake in shares of Sprott Physical Silver Trust during the 1st quarter worth approximately $73,000. Finally, Costello Asset Management INC raised its stake in shares of Sprott Physical Silver Trust by 76.5% during the 1st quarter. Costello Asset Management INC now owns 3,000 shares of the exchange traded fund’s stock worth $73,000 after purchasing an additional 1,300 shares in the last quarter.

Sprott Physical Silver Trust Price Performance

NYSEARCA PSLV opened at $18.60 on Friday. Sprott Physical Silver Trust has a 12 month low of $15.06 and a 12 month high of $38.13. The stock has a 50 day moving average of $20.94 and a 200-day moving average of $21.73.

Sprott Physical Silver Trust Company 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.