4,308,745 Shares of Sprott Physical Gold and Silver Trust $CEF Acquired by CENTRAL TRUST Co

CENTRAL TRUST Co purchased a new stake in Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) in the third quarter, Holdings Channel reports. The institutional investor purchased 4,308,745 shares of the company’s stock, valued at approximately $178,985,000. Sprott Physical Gold and Silver Trust comprises about 3.2% of CENTRAL TRUST Co’s portfolio, making the stock its 6th largest position.

Several other large investors also recently made changes to their positions in CEF. IMC Chicago LLC acquired a new position in shares of Sprott Physical Gold and Silver Trust in the 1st quarter worth approximately $165,346,000. Weiss Asset Management LP bought a new stake in shares of Sprott Physical Gold and Silver Trust in the 1st quarter worth approximately $83,009,000. Pekin Hardy Strauss Inc. acquired a new stake in Sprott Physical Gold and Silver Trust during the third quarter valued at approximately $7,128,000. Commonwealth Equity Services LLC acquired a new stake in Sprott Physical Gold and Silver Trust during the third quarter valued at approximately $6,701,000. Finally, Oppenheimer & Co. Inc. acquired a new stake in Sprott Physical Gold and Silver Trust during the third quarter valued at approximately $5,272,000.

Sprott Physical Gold and Silver Trust Stock Performance

Shares of NYSEAMERICAN:CEF opened at $38.17 on Thursday. Sprott Physical Gold and Silver Trust has a 1-year low of $36.57 and a 1-year high of $61.38. The company has a 50 day moving average price of $41.35 and a 200 day moving average price of $45.48.

Sprott Physical Gold and Silver Trust Company Profile

Sprott Physical Gold and Silver Trust is a closed-end investment trust that provides investors with exposure to physical gold and silver. Rather than operating a conventional business, the trust holds bullion on behalf of its unitholders. The trust invests primarily in unencumbered, fully allocated gold and silver bullion. Its holdings are stored at the Royal Canadian Mint, and its units are listed on the NYSE American and the Toronto Stock Exchange. The trust traces its origins to Central Fund of Canada, which Sprott acquired in 2017 before reorganizing it as Sprott Physical Gold and Silver Trust.