Columbia Advisory Partners LLC decreased its holdings in shares of Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF – Free Report) by 22.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 65,766 shares of the company’s stock after selling 19,559 shares during the quarter. Sprott Physical Gold and Silver Trust makes up approximately 2.0% of Columbia Advisory Partners LLC’s portfolio, making the stock its 13th biggest position. Columbia Advisory Partners LLC’s holdings in Sprott Physical Gold and Silver Trust were worth $3,138,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in CEF. 3EDGE Asset Management LP purchased a new position in Sprott Physical Gold and Silver Trust in the fourth quarter valued at approximately $26,268,000. Morgan Stanley raised its holdings in Sprott Physical Gold and Silver Trust by 9.8% during the fourth quarter. Morgan Stanley now owns 5,627,038 shares of the company’s stock worth $257,718,000 after purchasing an additional 499,996 shares in the last quarter. Jane Street Group LLC lifted its position in shares of Sprott Physical Gold and Silver Trust by 51.8% during the 2nd quarter. Jane Street Group LLC now owns 555,963 shares of the company’s stock worth $16,734,000 after buying an additional 189,669 shares during the last quarter. Private Advisor Group LLC lifted its position in shares of Sprott Physical Gold and Silver Trust by 205.2% during the 4th quarter. Private Advisor Group LLC now owns 272,148 shares of the company’s stock worth $12,464,000 after buying an additional 182,969 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its holdings in shares of Sprott Physical Gold and Silver Trust by 25.2% in the 2nd quarter. Ameriprise Financial Inc. now owns 787,541 shares of the company’s stock valued at $23,700,000 after buying an additional 158,687 shares in the last quarter.
Sprott Physical Gold and Silver Trust Stock Up 0.9%
NYSEAMERICAN CEF opened at $40.23 on Wednesday. The firm’s fifty day moving average price is $46.18 and its 200 day moving average price is $48.54. Sprott Physical Gold and Silver Trust has a 12 month low of $30.02 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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