Oxbow Advisors LLC Sells 1,000 Shares of Sprott Physical Silver Trust $PSLV

Oxbow Advisors LLC trimmed its stake in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 2.9% during the second quarter, HoldingsChannel.com reports. The fund owned 33,204 shares of the exchange traded fund’s stock after selling 1,000 shares during the quarter. Oxbow Advisors LLC’s holdings in Sprott Physical Silver Trust were worth $406,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of PSLV. Wealth Enhancement Advisory Services LLC grew its position in Sprott Physical Silver Trust by 43.3% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 741,277 shares of the exchange traded fund’s stock valued at $8,599,000 after acquiring an additional 224,091 shares during the period. CWA Asset Management Group LLC grew its position in Sprott Physical Silver Trust by 5.3% in the first quarter. CWA Asset Management Group LLC now owns 79,867 shares of the exchange traded fund’s stock valued at $926,000 after acquiring an additional 4,050 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new stake in Sprott Physical Silver Trust in the first quarter valued at $1,248,000. PFG Investments LLC boosted its stake in Sprott Physical Silver Trust by 28.2% in the first quarter. PFG Investments LLC now owns 89,450 shares of the exchange traded fund’s stock worth $1,038,000 after purchasing an additional 19,670 shares in the last quarter. Finally, VanWeelden Wealth Management LLC grew its holdings in shares of Sprott Physical Silver Trust by 14.2% during the first quarter. VanWeelden Wealth Management LLC now owns 27,000 shares of the exchange traded fund’s stock worth $313,000 after purchasing an additional 3,354 shares during the last quarter.

Sprott Physical Silver Trust Stock Performance

Shares of PSLV stock opened at $18.07 on Friday. The stock’s fifty day moving average is $14.49 and its 200-day moving average is $12.68. Sprott Physical Silver Trust has a 52 week low of $9.60 and a 52 week high of $18.15.

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.