42,630 Sprott Physical Gold and Silver Trust $CEF Shares Purchased by Hohimer Wealth Management LLC

Hohimer Wealth Management LLC lifted its stake in shares of Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) by 80.8% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 95,399 shares of the company’s stock after acquiring an additional 42,630 shares during the quarter. Hohimer Wealth Management LLC’s holdings in Sprott Physical Gold and Silver Trust were worth $3,963,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in CEF. Oppenheimer & Co. Inc. acquired a new position in Sprott Physical Gold and Silver Trust during the third quarter valued at approximately $5,272,000. Robertson Stephens Wealth Management LLC raised its position in shares of Sprott Physical Gold and Silver Trust by 23.8% in the third quarter. Robertson Stephens Wealth Management LLC now owns 136,864 shares of the company’s stock valued at $5,685,000 after purchasing an additional 26,348 shares during the period. Titiun Yejiel bought a new position in shares of Sprott Physical Gold and Silver Trust in the second quarter valued at approximately $2,012,000. International Assets Investment Management LLC raised its holdings in Sprott Physical Gold and Silver Trust by 67.0% in the 1st quarter. International Assets Investment Management LLC now owns 105,605 shares of the company’s stock worth $5,105,000 after acquiring an additional 42,384 shares during the period. Finally, Weiss Asset Management LP acquired a new position in Sprott Physical Gold and Silver Trust during the 1st quarter worth $83,009,000.

Sprott Physical Gold and Silver Trust Stock Performance

CEF stock opened at $38.74 on Monday. Sprott Physical Gold and Silver Trust has a 52-week low of $36.57 and a 52-week high of $61.38. The company has a 50-day moving average of $41.73 and a two-hundred day moving average of $45.73.

Sprott Physical Gold and Silver Trust Profile

Sprott Physical Gold and Silver Trust is a closed-end investment trust that provides investors with exposure to physical gold and silver. Rather than operating a conventional business, the trust holds bullion on behalf of its unitholders.

The trust invests primarily in unencumbered, fully allocated gold and silver bullion. Its holdings are stored at the Royal Canadian Mint, and its units are listed on the NYSE American and the Toronto Stock Exchange.

The trust traces its origins to Central Fund of Canada, which Sprott acquired in 2017 before reorganizing it as Sprott Physical Gold and Silver Trust.