Guild Investment Management Inc. Makes New Investment in Sprott Physical Silver Trust $PSLV

Guild Investment Management Inc. bought a new stake in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 30,020 shares of the exchange traded fund’s stock, valued at approximately $581,000.

Several other hedge funds have also recently added to or reduced their stakes in the business. StoneX Group Inc. bought a new position in shares of Sprott Physical Silver Trust in the third quarter worth $1,243,000. Alps Advisors Inc. increased its holdings in shares of Sprott Physical Silver Trust by 10.8% during the third quarter. Alps Advisors Inc. now owns 6,400,186 shares of the exchange traded fund’s stock valued at $123,972,000 after purchasing an additional 622,980 shares during the period. Integrity Alliance LLC. acquired a new position in shares of Sprott Physical Silver Trust during the third quarter valued at $13,575,000. Greenfield Seitz Capital Management LLC raised its stake in shares of Sprott Physical Silver Trust by 20.6% during the third quarter. Greenfield Seitz Capital Management LLC now owns 62,754 shares of the exchange traded fund’s stock valued at $1,216,000 after purchasing an additional 10,720 shares in the last quarter. Finally, Accordant Advisory Group Inc raised its stake in shares of Sprott Physical Silver Trust by 1.1% during the third quarter. Accordant Advisory Group Inc now owns 466,379 shares of the exchange traded fund’s stock valued at $9,034,000 after purchasing an additional 5,041 shares in the last quarter.

Sprott Physical Silver Trust Stock Down 0.2%

PSLV stock opened at $16.84 on Friday. The company has a 50-day simple moving average of $19.51 and a 200 day simple moving average of $22.69. Sprott Physical Silver Trust has a fifty-two week low of $15.78 and a fifty-two week high of $38.13.

Sprott Physical Silver Trust 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.