Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) Hits New 52-Week High – Time to Buy?

Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $59.70 and last traded at $59.7430, with a volume of 367560 shares. The stock had previously closed at $57.04.

Sprott Physical Gold and Silver Trust Price Performance

The firm has a 50-day moving average of $45.59 and a 200 day moving average of $38.36.

Institutional Investors Weigh In On Sprott Physical Gold and Silver Trust

Several institutional investors have recently bought and sold shares of the stock. Bessemer Group Inc. acquired a new stake in shares of Sprott Physical Gold and Silver Trust in the 3rd quarter worth approximately $28,000. CWM LLC lifted its position in Sprott Physical Gold and Silver Trust by 139.0% in the second quarter. CWM LLC now owns 956 shares of the company’s stock worth $29,000 after purchasing an additional 556 shares during the period. Assetmark Inc. boosted its stake in Sprott Physical Gold and Silver Trust by 602.5% during the 3rd 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. Atlantic Union Bankshares Corp bought a new position in Sprott Physical Gold and Silver Trust during the 2nd quarter valued at $42,000. Finally, Halbert Hargrove Global Advisors LLC acquired a new position in shares of Sprott Physical Gold and Silver Trust during the 4th quarter valued at $46,000.

About Sprott Physical Gold and Silver Trust

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.