Sprott Physical Silver Trust $PSLV Shares Acquired by Brookstone Capital Management

Brookstone Capital Management lifted its stake in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) by 14.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 486,451 shares of the exchange traded fund’s stock after purchasing an additional 60,002 shares during the quarter. Brookstone Capital Management owned about 0.09% of Sprott Physical Silver Trust worth $5,954,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Ameriflex Group Inc. increased its stake in Sprott Physical Silver Trust by 161.5% in the 2nd quarter. Ameriflex Group Inc. now owns 3,400 shares of the exchange traded fund’s stock valued at $42,000 after buying an additional 2,100 shares during the period. Barnes Dennig Private Wealth Management LLC acquired a new stake in shares of Sprott Physical Silver Trust in the 1st quarter worth $41,000. First Horizon Advisors Inc. purchased a new stake in shares of Sprott Physical Silver Trust in the first quarter valued at about $42,000. Trust Co. of Vermont acquired a new position in shares of Sprott Physical Silver Trust during the second quarter worth about $56,000. Finally, Blue Trust Inc. acquired a new position in shares of Sprott Physical Silver Trust during the second quarter worth about $74,000.

Sprott Physical Silver Trust Stock Performance

Shares of NYSEARCA:PSLV opened at $16.12 on Friday. Sprott Physical Silver Trust has a 52 week low of $9.60 and a 52 week high of $18.15. The company has a 50-day moving average price of $14.86 and a 200 day moving average price of $12.88.

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.