Hollencrest Capital Management Has $10.06 Million Position in Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF)

Hollencrest Capital Management raised its position in shares of Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) by 12.9% in the first quarter, HoldingsChannel.com reports. The firm owned 354,014 shares of the company’s stock after purchasing an additional 40,554 shares during the quarter. Hollencrest Capital Management’s holdings in Sprott Physical Gold and Silver Trust were worth $10,058,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Chapman Financial Group LLC bought a new stake in Sprott Physical Gold and Silver Trust in the 4th quarter worth approximately $67,000. Coastline Trust Co lifted its position in Sprott Physical Gold and Silver Trust by 35.6% in the first quarter. Coastline Trust Co now owns 2,385 shares of the company’s stock valued at $68,000 after purchasing an additional 626 shares during the last quarter. Harbour Investments Inc. increased its stake in shares of Sprott Physical Gold and Silver Trust by 11.1% during the fourth quarter. Harbour Investments Inc. now owns 5,304 shares of the company’s stock valued at $126,000 after buying an additional 530 shares during the period. Elequin Capital LP purchased a new position in shares of Sprott Physical Gold and Silver Trust during the fourth quarter valued at approximately $168,000. Finally, Summit Financial LLC purchased a new stake in Sprott Physical Gold and Silver Trust in the fourth quarter worth $202,000.

Sprott Physical Gold and Silver Trust Price Performance

NYSEAMERICAN CEF opened at $31.03 on Friday. Sprott Physical Gold and Silver Trust has a 12 month low of $21.70 and a 12 month high of $31.16. The stock’s fifty day moving average price is $29.95 and its 200-day moving average price is $27.49.

About Sprott Physical Gold and Silver Trust

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.