Sprott Physical Silver Trust $PSLV Position Trimmed by Beaird Harris Wealth Management LLC

Beaird Harris Wealth Management LLC trimmed its holdings in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) by 24.7% during the second quarter, Holdings Channel reports. The firm owned 87,133 shares of the exchange traded fund’s stock after selling 28,605 shares during the quarter. Beaird Harris Wealth Management LLC’s holdings in Sprott Physical Silver Trust were worth $1,644,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Mcguire Capital Advisors Inc. bought a new stake in shares of Sprott Physical Silver Trust during the 4th quarter valued at about $27,000. Purpose Unlimited Inc. bought a new position in Sprott Physical Silver Trust in the fourth quarter worth about $28,000. Laurel Wealth Advisors LLC acquired a new position in Sprott Physical Silver Trust in the fourth quarter valued at approximately $31,000. Private Trust Co. NA boosted its stake in Sprott Physical Silver Trust by 218.4% in the fourth quarter. Private Trust Co. NA now owns 1,700 shares of the exchange traded fund’s stock valued at $40,000 after acquiring an additional 1,166 shares during the period. Finally, Franklin Resources Inc. bought a new position in shares of Sprott Physical Silver Trust during the third quarter valued at approximately $39,000.

Sprott Physical Silver Trust Stock Up 3.2%

NYSEARCA:PSLV opened at $20.82 on Friday. The stock has a 50 day moving average of $19.89 and a 200-day moving average of $23.99. Sprott Physical Silver Trust has a 52 week low of $12.61 and a 52 week high of $38.13.

About Sprott Physical Silver Trust

Sprott Physical Silver Trust is a closed-end investment trust company, which engages in the provision of a secure, convenient, and exchange-traded investment alternative for investors interested in holding physical silver bullion without the inconvenience that is typical of a direct investment in physical silver bullion. The Trust invests and intends to continue to invest primarily in long-term holdings of unencumbered, fully allocated, physical silver bullion, and does not speculate with regard to short-term changes in silver prices.