Cohen & Steers Inc. raised its holdings in shares of Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF – Free Report) by 3.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 598,497 shares of the company’s stock after purchasing an additional 20,000 shares during the period. Cohen & Steers Inc. owned approximately 0.28% of Sprott Physical Gold and Silver Trust worth $27,411,000 at the end of the most recent quarter.
Several other institutional investors have also added to or reduced their stakes in the business. Bleakley Financial Group LLC boosted its stake in Sprott Physical Gold and Silver Trust by 3.2% during the 3rd quarter. Bleakley Financial Group LLC now owns 5,218,691 shares of the company’s stock valued at $191,474,000 after purchasing an additional 159,812 shares during the last quarter. Jupiter Asset Management Ltd. boosted its stake in Sprott Physical Gold and Silver Trust by 1.5% during the 4th quarter. Jupiter Asset Management Ltd. now owns 3,604,249 shares of the company’s stock valued at $164,822,000 after purchasing an additional 52,815 shares during the last quarter. Raymond James Financial Inc. boosted its stake in Sprott Physical Gold and Silver Trust by 6.9% during the 3rd quarter. Raymond James Financial Inc. now owns 1,129,712 shares of the company’s stock valued at $41,449,000 after purchasing an additional 73,201 shares during the last quarter. LPL Financial LLC boosted its stake in Sprott Physical Gold and Silver Trust by 2.4% during the 4th quarter. LPL Financial LLC now owns 934,345 shares of the company’s stock valued at $42,793,000 after purchasing an additional 21,663 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its stake in Sprott Physical Gold and Silver Trust by 25.2% during the 2nd quarter. Ameriprise Financial Inc. now owns 787,541 shares of the company’s stock valued at $23,700,000 after purchasing an additional 158,687 shares during the last quarter.
Sprott Physical Gold and Silver Trust Trading Up 0.6%
Shares of CEF opened at $43.55 on Friday. The business’s fifty day simple moving average is $47.72 and its two-hundred day simple moving average is $48.43. Sprott Physical Gold and Silver Trust has a 12 month low of $29.69 and a 12 month high of $61.38.
Sprott Physical Gold and Silver Trust Company 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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