CENTRAL TRUST Co lowered its stake in Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF – Free Report) by 5.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,391,451 shares of the company’s stock after selling 431,577 shares during the period. Sprott Physical Gold and Silver Trust accounts for 6.6% of CENTRAL TRUST Co’s holdings, making the stock its biggest position. CENTRAL TRUST Co owned 3.44% of Sprott Physical Gold and Silver Trust worth $338,528,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Bleakley Financial Group LLC raised its holdings in shares of Sprott Physical Gold and Silver Trust by 3.2% in the third quarter. Bleakley Financial Group LLC now owns 5,218,691 shares of the company’s stock worth $191,474,000 after buying an additional 159,812 shares during the last quarter. Jupiter Asset Management Ltd. raised its holdings in shares of Sprott Physical Gold and Silver Trust by 29.7% in the third quarter. Jupiter Asset Management Ltd. now owns 3,551,434 shares of the company’s stock worth $130,112,000 after buying an additional 812,697 shares during the last quarter. Raymond James Financial Inc. raised its holdings in shares of Sprott Physical Gold and Silver Trust by 6.9% in the third quarter. Raymond James Financial Inc. now owns 1,129,712 shares of the company’s stock worth $41,449,000 after buying an additional 73,201 shares during the last quarter. Ameriprise Financial Inc. raised its holdings in shares of Sprott Physical Gold and Silver Trust by 25.2% in the second quarter. Ameriprise Financial Inc. now owns 787,541 shares of the company’s stock worth $23,700,000 after buying an additional 158,687 shares during the last quarter. Finally, Bank of America Corp DE raised its holdings in shares of Sprott Physical Gold and Silver Trust by 0.8% in the third quarter. Bank of America Corp DE now owns 693,257 shares of the company’s stock worth $25,436,000 after buying an additional 5,506 shares during the last quarter.
Sprott Physical Gold and Silver Trust Stock Up 0.8%
NYSEAMERICAN CEF opened at $47.90 on Friday. The company has a fifty day simple moving average of $49.62 and a two-hundred day simple moving average of $46.63. Sprott Physical Gold and Silver Trust has a 12-month low of $28.01 and a 12-month high of $61.38.
About Sprott Physical Gold and Silver Trust
The Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) is a closed-end investment trust that provides investors with direct exposure to physical gold and silver bullion. Established in 2019 and sponsored by Sprott Asset Management, the trust holds allocated London Good Delivery gold bars and London Silver Fix silver bars in secure vaults, offering a transparent alternative to traditional equity- or futures-based precious metals vehicles. Each trust unit represents a proportional interest in the bullion holdings, and investors gain ownership of the underlying metal without assuming the logistics of purchase, storage, or insurance.
To maintain its inventory, the trust purchases bullion through approved bullion dealers and London bullion market participants.
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