39,386 Shares in Sprott Physical Gold and Silver Trust $CEF Purchased by Retirement Planning Group LLC
by Kim Johansen · The Markets DailyRetirement Planning Group LLC purchased a new stake in shares of Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF – Free Report) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 39,386 shares of the company’s stock, valued at approximately $1,880,000.
Other large investors also recently bought and sold shares of the company. Litman Gregory Wealth Management LLC acquired a new stake in shares of Sprott Physical Gold and Silver Trust during the 4th quarter worth approximately $30,000. Halbert Hargrove Global Advisors LLC acquired a new position in shares of Sprott Physical Gold and Silver Trust in the 4th quarter valued at $46,000. Bard Associates Inc. acquired a new position in shares of Sprott Physical Gold and Silver Trust in the 4th quarter valued at $69,000. Sound Income Strategies LLC boosted its holdings in Sprott Physical Gold and Silver Trust by 93.7% during the first quarter. Sound Income Strategies LLC now owns 1,439 shares of the company’s stock worth $70,000 after buying an additional 696 shares in the last quarter. Finally, Contravisory Investment Management Inc. purchased a new stake in Sprott Physical Gold and Silver Trust during the first quarter worth $74,000.
Sprott Physical Gold and Silver Trust Stock Performance
CEF stock opened at $40.32 on Wednesday. The firm’s fifty day moving average is $44.74 and its 200 day moving average is $48.25. Sprott Physical Gold and Silver Trust has a one year low of $30.02 and a one year high of $61.38.
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.
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