Sanctuary Advisors LLC Cuts Stock Holdings in Sprott Physical Silver Trust $PSLV

Sanctuary Advisors LLC reduced its stake in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 19.0% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 145,020 shares of the exchange traded fund’s stock after selling 33,910 shares during the period. Sanctuary Advisors LLC’s holdings in Sprott Physical Silver Trust were worth $3,537,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Federation des caisses Desjardins du Quebec boosted its holdings in shares of Sprott Physical Silver Trust by 4.2% during the 4th quarter. Federation des caisses Desjardins du Quebec now owns 17,091,404 shares of the exchange traded fund’s stock valued at $403,725,000 after purchasing an additional 681,981 shares during the last quarter. Jane Street Group LLC increased its holdings in shares of Sprott Physical Silver Trust by 163.6% in the second quarter. Jane Street Group LLC now owns 5,772,074 shares of the exchange traded fund’s stock worth $70,650,000 after purchasing an additional 3,582,153 shares during the last quarter. Alps Advisors Inc. lifted its position in shares of Sprott Physical Silver Trust by 76.5% in the fourth quarter. Alps Advisors Inc. now owns 5,387,630 shares of the exchange traded fund’s stock worth $127,417,000 after buying an additional 2,334,928 shares in the last quarter. Morgan Stanley lifted its position in shares of Sprott Physical Silver Trust by 8.0% in the fourth quarter. Morgan Stanley now owns 4,760,761 shares of the exchange traded fund’s stock worth $112,592,000 after buying an additional 353,293 shares in the last quarter. Finally, Royal Bank of Canada boosted its stake in Sprott Physical Silver Trust by 4.6% during the fourth quarter. Royal Bank of Canada now owns 3,674,368 shares of the exchange traded fund’s stock valued at $86,897,000 after buying an additional 162,085 shares during the last quarter.

Sprott Physical Silver Trust Stock Performance

NYSEARCA PSLV opened at $18.04 on Monday. The business has a 50 day simple moving average of $21.74 and a two-hundred day simple moving average of $24.77. Sprott Physical Silver Trust has a 1-year low of $12.32 and a 1-year high of $38.13.

About Sprott Physical Silver Trust

Sprott Physical Silver Trust is a closed-end investment trust company, which engages in the provision of a secure, convenient, and exchange-traded investment alternative for investors interested in holding physical silver bullion without the inconvenience that is typical of a direct investment in physical silver bullion. The Trust invests and intends to continue to invest primarily in long-term holdings of unencumbered, fully allocated, physical silver bullion, and does not speculate with regard to short-term changes in silver prices.