Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) Reaches New 52-Week High – What’s Next?

Shares of Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) reached a new 52-week high on Monday . The stock traded as high as $50.92 and last traded at $50.8320, with a volume of 251427 shares changing hands. The stock had previously closed at $48.83.

Sprott Physical Gold and Silver Trust Stock Up 4.3%

The stock has a fifty day moving average price of $42.66 and a 200-day moving average price of $36.77.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Schaper Benz & Wise Investment Counsel Inc. WI raised its position in Sprott Physical Gold and Silver Trust by 51.5% in the 4th quarter. Schaper Benz & Wise Investment Counsel Inc. WI now owns 14,125 shares of the company’s stock valued at $647,000 after purchasing an additional 4,800 shares during the last quarter. DAVENPORT & Co LLC bought a new stake in shares of Sprott Physical Gold and Silver Trust during the fourth quarter worth approximately $247,000. Founders Grove Wealth Partners LLC bought a new stake in shares of Sprott Physical Gold and Silver Trust during the 4th quarter valued at $703,000. Silverlake Wealth Management LLC acquired a new position in Sprott Physical Gold and Silver Trust in the fourth quarter valued at about $225,000. Finally, Inspirion Wealth Advisors LLC boosted its stake in Sprott Physical Gold and Silver Trust by 21.3% during the 4th quarter. Inspirion Wealth Advisors LLC now owns 67,819 shares of the company’s stock worth $3,106,000 after acquiring an additional 11,886 shares during the last quarter.

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.