Sprott Physical Gold and Silver Trust $CEF Position Lowered by CENTRAL TRUST Co

CENTRAL TRUST Co decreased its stake in shares of Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) by 34.2% in the first quarter, Holdings Channel.com reports. The fund owned 4,864,374 shares of the company’s stock after selling 2,527,077 shares during the period. Sprott Physical Gold and Silver Trust comprises about 4.6% of CENTRAL TRUST Co’s holdings, making the stock its 2nd biggest position. CENTRAL TRUST Co’s holdings in Sprott Physical Gold and Silver Trust were worth $232,128,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Morgan Stanley increased its holdings in Sprott Physical Gold and Silver Trust by 9.8% in the 4th quarter. Morgan Stanley now owns 5,627,038 shares of the company’s stock valued at $257,718,000 after acquiring an additional 499,996 shares during the last quarter. Jupiter Asset Management Ltd. boosted its holdings in shares of Sprott Physical Gold and Silver Trust by 1.5% during the 4th quarter. Jupiter Asset Management Ltd. now owns 3,604,249 shares of the company’s stock valued at $164,822,000 after purchasing an additional 52,815 shares during the last quarter. Raymond James Financial Inc. grew its position in shares of Sprott Physical Gold and Silver Trust by 6.9% during the third quarter. Raymond James Financial Inc. now owns 1,129,712 shares of the company’s stock valued at $41,449,000 after purchasing an additional 73,201 shares in the last quarter. LPL Financial LLC grew its position in shares of Sprott Physical Gold and Silver Trust by 2.4% during the fourth quarter. LPL Financial LLC now owns 934,345 shares of the company’s stock valued at $42,793,000 after purchasing an additional 21,663 shares in the last quarter. Finally, Evelyn Partners Investment Management LLP increased its holdings in shares of Sprott Physical Gold and Silver Trust by 6.5% in the fourth quarter. Evelyn Partners Investment Management LLP now owns 811,531 shares of the company’s stock worth $37,168,000 after purchasing an additional 49,608 shares during the last quarter.

Sprott Physical Gold and Silver Trust Trading Down 3.5%

NYSEAMERICAN:CEF opened at $41.32 on Wednesday. Sprott Physical Gold and Silver Trust has a 12 month low of $29.69 and a 12 month high of $61.38. The business’s 50-day moving average is $47.15 and its 200 day moving average is $48.61.

Sprott Physical Gold and Silver Trust Profile

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.