Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) Sets New 52-Week High – Should You Buy?

Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) shares reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $30.18 and last traded at $29.53, with a volume of 1615591 shares traded. The stock had previously closed at $30.02.

Sprott Physical Gold and Silver Trust Trading Up 0.8 %

The firm has a 50-day moving average of $27.62 and a 200 day moving average of $25.69.

Institutional Trading of Sprott Physical Gold and Silver Trust

A number of large investors have recently added to or reduced their stakes in the company. Laurel Wealth Advisors LLC bought a new stake in Sprott Physical Gold and Silver Trust in the 4th quarter valued at $52,000. Chapman Financial Group LLC bought a new position in shares of Sprott Physical Gold and Silver Trust in the fourth quarter valued at about $67,000. Duncker Streett & Co. Inc. acquired a new stake in shares of Sprott Physical Gold and Silver Trust during the 4th quarter worth about $107,000. Harbour Investments Inc. boosted its holdings in shares of Sprott Physical Gold and Silver Trust by 11.1% during the 4th quarter. Harbour Investments Inc. now owns 5,304 shares of the company’s stock worth $126,000 after buying an additional 530 shares during the period. Finally, Addison Advisors LLC boosted its holdings in shares of Sprott Physical Gold and Silver Trust by 25.3% during the 4th quarter. Addison Advisors LLC now owns 5,940 shares of the company’s stock worth $141,000 after buying an additional 1,200 shares during the period.

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.