Cadence Wealth Management LLC Reduces Stake in Sprott Physical Gold and Silver Trust $CEF

Cadence Wealth Management LLC lowered its stake in Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) by 2.0% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 268,528 shares of the company’s stock after selling 5,464 shares during the period. Sprott Physical Gold and Silver Trust makes up 5.3% of Cadence Wealth Management LLC’s portfolio, making the stock its 5th largest holding. Cadence Wealth Management LLC owned 0.12% of Sprott Physical Gold and Silver Trust worth $8,083,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. Bluefin Capital Management LLC bought a new position in shares of Sprott Physical Gold and Silver Trust during the first quarter worth approximately $37,797,000. International Assets Investment Management LLC acquired a new position in Sprott Physical Gold and Silver Trust in the 2nd quarter valued at $6,347,000. Arkadios Wealth Advisors acquired a new position in Sprott Physical Gold and Silver Trust in the 1st quarter valued at $7,436,000. Belpointe Asset Management LLC increased its position in Sprott Physical Gold and Silver Trust by 44.8% during the 2nd quarter. Belpointe Asset Management LLC now owns 147,821 shares of the company’s stock worth $4,449,000 after buying an additional 45,766 shares during the period. Finally, Raymond James Financial Inc. lifted its holdings in shares of Sprott Physical Gold and Silver Trust by 1.4% during the first quarter. Raymond James Financial Inc. now owns 1,198,539 shares of the company’s stock worth $34,050,000 after buying an additional 16,329 shares in the last quarter.

Sprott Physical Gold and Silver Trust Price Performance

Shares of Sprott Physical Gold and Silver Trust stock opened at $38.80 on Friday. The firm has a 50-day moving average of $37.47 and a 200-day moving average of $33.01. Sprott Physical Gold and Silver Trust has a 52-week low of $23.53 and a 52-week high of $41.20.

Sprott Physical Gold and Silver Trust Company 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.