Strait & Sound Wealth Management LLC Makes New Investment in Sprott Physical Gold and Silver Trust $CEF

Strait & Sound Wealth Management LLC bought a new position in Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 7,830 shares of the company’s stock, valued at approximately $236,000.

A number of other hedge funds have also added to or reduced their stakes in CEF. Kingstone Capital Partners Texas LLC bought a new stake in Sprott Physical Gold and Silver Trust in the second quarter worth approximately $114,726,000. Bluefin Capital Management LLC acquired a new stake in Sprott Physical Gold and Silver Trust in the first quarter valued at approximately $37,797,000. Arkadios Wealth Advisors acquired a new stake in Sprott Physical Gold and Silver Trust in the first quarter valued at approximately $7,436,000. Jupiter Asset Management Ltd. grew its stake in Sprott Physical Gold and Silver Trust by 11.7% in the first quarter. Jupiter Asset Management Ltd. now owns 2,377,960 shares of the company’s stock valued at $67,466,000 after acquiring an additional 248,489 shares during the period. Finally, International Assets Investment Management LLC acquired a new stake in Sprott Physical Gold and Silver Trust in the second quarter valued at approximately $6,347,000.

Sprott Physical Gold and Silver Trust Price Performance

Shares of Sprott Physical Gold and Silver Trust stock opened at $37.92 on Friday. Sprott Physical Gold and Silver Trust has a 52 week low of $23.53 and a 52 week high of $41.20. The stock has a 50 day moving average price of $35.28 and a two-hundred day moving average price of $31.80.

Sprott Physical Gold and Silver Trust Profile

Sprott Physical Gold & Silver Trust operates as a closed-ended investment fund/investment trust. The company was founded on October 26, 2017 and is headquartered in Toronto, Canada.