New Harbor Financial Group LLC Sells 21,622 Shares of Sprott Physical Gold and Silver Trust $CEF

New Harbor Financial Group LLC reduced its position in Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) by 6.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 325,296 shares of the company’s stock after selling 21,622 shares during the quarter. Sprott Physical Gold and Silver Trust makes up 2.0% of New Harbor Financial Group LLC’s portfolio, making the stock its 20th largest holding. New Harbor Financial Group LLC owned approximately 0.15% of Sprott Physical Gold and Silver Trust worth $13,513,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of CEF. Demars Financial Group LLC increased its holdings in Sprott Physical Gold and Silver Trust by 0.9% in the 3rd quarter. Demars Financial Group LLC now owns 95,892 shares of the company’s stock valued at $3,983,000 after buying an additional 878 shares during the period. Brookstone Capital Management raised its stake in shares of Sprott Physical Gold and Silver Trust by 8.1% in the 3rd quarter. Brookstone Capital Management now owns 191,213 shares of the company’s stock valued at $7,943,000 after buying an additional 14,293 shares in the last quarter. NBT Bank N.A. bought a new position in shares of Sprott Physical Gold and Silver Trust during the 3rd quarter worth about $249,000. Axxcess Wealth Management LLC lifted its holdings in shares of Sprott Physical Gold and Silver Trust by 15.4% during the 3rd quarter. Axxcess Wealth Management LLC now owns 6,000 shares of the company’s stock worth $249,000 after acquiring an additional 800 shares during the period. Finally, Sowell Financial Services LLC bought a new position in shares of Sprott Physical Gold and Silver Trust during the 3rd quarter worth about $218,000.

Sprott Physical Gold and Silver Trust Price Performance

Shares of Sprott Physical Gold and Silver Trust stock traded down $0.26 during trading on Friday, hitting $38.66. 820,357 shares of the company’s stock traded hands, compared to its average volume of 975,606. The firm’s fifty day moving average price is $43.29 and its 200 day moving average price is $44.22. Sprott Physical Gold and Silver Trust has a twelve month low of $36.16 and a twelve month high of $61.38.

Sprott Physical Gold and Silver Trust Profile

Sprott Physical Gold and Silver Trust is a closed-end precious metals investment trust managed by Sprott Asset Management LP. The trust seeks to provide investors with exposure to physical gold and silver bullion rather than operating businesses or investing primarily in mining companies, futures contracts or other financial derivatives.

The trust’s assets consist principally of fully allocated, physical gold and silver bullion. The bullion is held in custody and is intended to remain unencumbered, giving investors an interest in precious metals held on the trust’s behalf.