Jupiter Asset Management Ltd. Purchases 52,815 Shares of Sprott Physical Gold and Silver Trust $CEF

Jupiter Asset Management Ltd. raised its stake in shares of Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) by 1.5% in the fourth quarter, Holdings Channel.com reports. The firm owned 3,604,249 shares of the company’s stock after buying an additional 52,815 shares during the period. Sprott Physical Gold and Silver Trust comprises approximately 1.3% of Jupiter Asset Management Ltd.’s investment portfolio, making the stock its 11th biggest holding. Jupiter Asset Management Ltd.’s holdings in Sprott Physical Gold and Silver Trust were worth $164,822,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Bessemer Group Inc. purchased a new position in shares of Sprott Physical Gold and Silver Trust in the 3rd quarter worth approximately $28,000. Assetmark Inc. lifted its stake in Sprott Physical Gold and Silver Trust by 602.5% in the third quarter. Assetmark Inc. now owns 843 shares of the company’s stock valued at $31,000 after purchasing an additional 723 shares during the last quarter. Halbert Hargrove Global Advisors LLC bought a new stake in Sprott Physical Gold and Silver Trust during the 4th quarter valued at $46,000. Laurel Wealth Advisors LLC bought a new stake in Sprott Physical Gold and Silver Trust during the 4th quarter valued at $78,000. Finally, Chapman Financial Group LLC bought a new stake in Sprott Physical Gold and Silver Trust during the 2nd quarter valued at $84,000.

Sprott Physical Gold and Silver Trust Stock Up 1.3%

Sprott Physical Gold and Silver Trust stock opened at $47.29 on Friday. Sprott Physical Gold and Silver Trust has a fifty-two week low of $28.83 and a fifty-two week high of $61.38. The firm’s fifty day moving average price is $47.91 and its 200-day moving average price is $48.04.

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.