Total Wealth Planning & Management Inc. Takes $743,000 Position in Sprott Physical Gold and Silver Trust $CEF

Total Wealth Planning & Management Inc. acquired a new stake in Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 16,213 shares of the company’s stock, valued at approximately $743,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. J.W. Cole Advisors Inc. boosted its stake in shares of Sprott Physical Gold and Silver Trust by 3.5% in the 4th quarter. J.W. Cole Advisors Inc. now owns 75,929 shares of the company’s stock valued at $3,478,000 after buying an additional 2,577 shares during the period. Calton & Associates Inc. purchased a new position in shares of Sprott Physical Gold and Silver Trust in the 4th quarter valued at about $235,000. Essex Financial Services Inc. purchased a new position in shares of Sprott Physical Gold and Silver Trust in the 4th quarter valued at about $240,000. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Sprott Physical Gold and Silver Trust by 64.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 259,040 shares of the company’s stock valued at $11,864,000 after buying an additional 101,288 shares during the period. Finally, Jupiter Asset Management Ltd. boosted its stake in shares of Sprott Physical Gold and Silver Trust by 1.5% in the 4th quarter. Jupiter Asset Management Ltd. now owns 3,604,249 shares of the company’s stock valued at $164,822,000 after buying an additional 52,815 shares during the period.

Sprott Physical Gold and Silver Trust Trading Up 1.1%

Shares of CEF opened at $46.85 on Friday. The stock has a 50-day simple moving average of $48.05 and a 200-day simple moving average of $48.31. Sprott Physical Gold and Silver Trust has a 1 year low of $29.69 and a 1 year 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.