Gateway Wealth Partners LLC Acquires 51,218 Shares of Sprott Physical Silver Trust $PSLV

Gateway Wealth Partners LLC grew its holdings in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 285.6% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 69,150 shares of the exchange traded fund’s stock after purchasing an additional 51,218 shares during the quarter. Gateway Wealth Partners LLC’s holdings in Sprott Physical Silver Trust were worth $1,687,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in PSLV. ORG Wealth Partners LLC bought a new position in shares of Sprott Physical Silver Trust in the fourth quarter valued at about $25,000. Mcguire Capital Advisors Inc. acquired a new position in Sprott Physical Silver Trust during the 4th quarter worth about $27,000. Purpose Unlimited Inc. bought a new stake in Sprott Physical Silver Trust during the 4th quarter worth about $28,000. Laurel Wealth Advisors LLC bought a new stake in Sprott Physical Silver Trust during the 4th quarter worth about $31,000. Finally, Private Trust Co. NA increased its position in Sprott Physical Silver Trust by 218.4% in the 4th quarter. Private Trust Co. NA now owns 1,700 shares of the exchange traded fund’s stock valued at $40,000 after acquiring an additional 1,166 shares in the last quarter.

Sprott Physical Silver Trust Stock Performance

PSLV opened at $18.48 on Wednesday. Sprott Physical Silver Trust has a 1-year low of $12.32 and a 1-year high of $38.13. The firm has a 50-day moving average price of $20.66 and a two-hundred day moving average price of $24.46.

Sprott Physical Silver Trust Company Profile

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.