Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) Reaches New 12-Month High – Here’s What Happened

Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF)’s share price hit a new 52-week high during trading on Friday . The company traded as high as $28.26 and last traded at $28.04, with a volume of 440925 shares traded. The stock had previously closed at $28.06.

Sprott Physical Gold and Silver Trust Stock Performance

The company has a 50 day simple moving average of $26.49.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in CEF. CENTRAL TRUST Co increased its position in shares of Sprott Physical Gold and Silver Trust by 0.7% during the fourth quarter. CENTRAL TRUST Co now owns 7,881,481 shares of the company’s stock valued at $187,264,000 after buying an additional 52,369 shares during the period. Royal Bank of Canada grew its holdings in shares of Sprott Physical Gold and Silver Trust by 2.8% during the 4th quarter. Royal Bank of Canada now owns 3,453,905 shares of the company’s stock worth $82,065,000 after acquiring an additional 93,522 shares during the period. Demars Financial Group LLC raised its position in shares of Sprott Physical Gold and Silver Trust by 2,039.4% in the 4th quarter. Demars Financial Group LLC now owns 1,999,838 shares of the company’s stock worth $47,516,000 after acquiring an additional 1,906,362 shares in the last quarter. Baird Financial Group Inc. lifted its stake in shares of Sprott Physical Gold and Silver Trust by 2.8% in the 4th quarter. Baird Financial Group Inc. now owns 1,378,907 shares of the company’s stock valued at $32,763,000 after purchasing an additional 37,604 shares during the period. Finally, Raymond James Financial Inc. bought a new stake in shares of Sprott Physical Gold and Silver Trust during the fourth quarter valued at approximately $28,089,000.

About Sprott Physical Gold and Silver Trust

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.