International Assets Investment Management LLC Buys 42,384 Shares of Sprott Physical Gold and Silver Trust $CEF

International Assets Investment Management LLC raised its position in Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) by 67.0% during the first quarter, Holdings Channel.com reports. The institutional investor owned 105,605 shares of the company’s stock after purchasing an additional 42,384 shares during the quarter. International Assets Investment Management LLC’s holdings in Sprott Physical Gold and Silver Trust were worth $5,105,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Litman Gregory Wealth Management LLC acquired a new position in Sprott Physical Gold and Silver Trust during the 4th quarter worth about $30,000. Halbert Hargrove Global Advisors LLC acquired a new stake in Sprott Physical Gold and Silver Trust in the 4th quarter valued at about $46,000. Bard Associates Inc. bought a new position in shares of Sprott Physical Gold and Silver Trust in the fourth quarter worth about $69,000. Sound Income Strategies LLC raised its stake in shares of Sprott Physical Gold and Silver Trust by 93.7% in the first quarter. Sound Income Strategies LLC now owns 1,439 shares of the company’s stock worth $70,000 after acquiring an additional 696 shares during the last quarter. Finally, Contravisory Investment Management Inc. acquired a new position in shares of Sprott Physical Gold and Silver Trust during the first quarter worth approximately $74,000.

Sprott Physical Gold and Silver Trust Price Performance

Shares of CEF remained flat at $41.08 during mid-day trading on Friday. 907,204 shares of the stock traded hands, compared to its average volume of 1,205,408. Sprott Physical Gold and Silver Trust has a twelve month low of $30.02 and a twelve month high of $61.38. The business has a 50 day simple moving average of $45.03 and a 200-day simple moving average of $48.34.

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.