Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) Sees Large Volume Increase – Time to Buy?

Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) saw unusually-high trading volume on Thursday . Approximately 611,621 shares were traded during trading, a decline of 2% from the previous session’s volume of 622,695 shares.The stock last traded at $26.26 and had previously closed at $26.67.

Sprott Physical Gold and Silver Trust Stock Down 0.6 %

Institutional Investors Weigh In On Sprott Physical Gold and Silver Trust

Institutional investors and hedge funds have recently modified their holdings of the company. Wealth Enhancement Advisory Services LLC boosted its holdings in Sprott Physical Gold and Silver Trust by 15.0% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 121,344 shares of the company’s stock valued at $2,972,000 after purchasing an additional 15,800 shares during the last quarter. J.W. Cole Advisors Inc. lifted its holdings in shares of Sprott Physical Gold and Silver Trust by 7.6% in the 3rd quarter. J.W. Cole Advisors Inc. now owns 15,669 shares of the company’s stock valued at $384,000 after buying an additional 1,100 shares during the period. US Bancorp DE boosted its stake in shares of Sprott Physical Gold and Silver Trust by 4.5% in the third quarter. US Bancorp DE now owns 46,486 shares of the company’s stock worth $1,138,000 after buying an additional 2,000 shares during the last quarter. Nadler Financial Group Inc. acquired a new stake in Sprott Physical Gold and Silver Trust during the third quarter worth about $392,000. Finally, Indie Asset Partners LLC acquired a new stake in Sprott Physical Gold and Silver Trust during the third quarter worth about $266,000.

Sprott Physical Gold and Silver Trust Company Profile

Sprott Physical Gold & Silver Trust operates as a closed-ended investment fund/investment trust. The company was founded on October 26, 2017 and is headquartered in Toronto, Canada.