Pacific Sage Partners LLC Sells 43,680 Shares of Sprott Physical Gold and Silver Trust $CEF

Pacific Sage Partners LLC lessened its stake in shares of Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) by 18.2% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 195,907 shares of the company’s stock after selling 43,680 shares during the period. Sprott Physical Gold and Silver Trust accounts for about 1.5% of Pacific Sage Partners LLC’s portfolio, making the stock its 20th biggest position. Pacific Sage Partners LLC owned about 0.09% of Sprott Physical Gold and Silver Trust worth $9,349,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in CEF. Litman Gregory Wealth Management LLC acquired a new stake in shares of Sprott Physical Gold and Silver Trust during the 4th quarter worth $30,000. Assetmark Inc. raised 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 in the last quarter. Halbert Hargrove Global Advisors LLC acquired a new position in Sprott Physical Gold and Silver Trust in the fourth quarter valued at about $46,000. Bard Associates Inc. bought a new stake in Sprott Physical Gold and Silver Trust during the fourth quarter worth about $69,000. Finally, Contravisory Investment Management Inc. acquired a new stake in Sprott Physical Gold and Silver Trust during the first quarter worth about $74,000.

Sprott Physical Gold and Silver Trust Trading Up 1.2%

Shares of Sprott Physical Gold and Silver Trust stock opened at $39.80 on Friday. Sprott Physical Gold and Silver Trust has a 12-month low of $29.69 and a 12-month high of $61.38. The firm’s 50-day moving average price is $46.77 and its two-hundred day moving average price is $48.58.

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.