JPMorgan Chase & Co. Has $19.40 Million Stock Position in Sprott Physical Gold and Silver Trust $CEF

JPMorgan Chase & Co. boosted its holdings in shares of Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) by 13.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 528,754 shares of the company’s stock after buying an additional 61,063 shares during the quarter. JPMorgan Chase & Co.’s holdings in Sprott Physical Gold and Silver Trust were worth $19,400,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Concurrent Investment Advisors LLC raised its position in shares of Sprott Physical Gold and Silver Trust by 62.7% in the third quarter. Concurrent Investment Advisors LLC now owns 113,832 shares of the company’s stock valued at $4,176,000 after purchasing an additional 43,852 shares during the period. Bleakley Financial Group LLC boosted its holdings in shares of Sprott Physical Gold and Silver Trust by 3.2% during the 3rd quarter. Bleakley Financial Group LLC now owns 5,218,691 shares of the company’s stock worth $191,474,000 after buying an additional 159,812 shares during the period. TIAA Trust National Association grew its stake in Sprott Physical Gold and Silver Trust by 10.5% in the 3rd quarter. TIAA Trust National Association now owns 400,125 shares of the company’s stock valued at $14,681,000 after buying an additional 38,090 shares during the last quarter. Teacher Retirement System of Texas acquired a new position in Sprott Physical Gold and Silver Trust in the 3rd quarter valued at $3,669,000. Finally, Jones Financial Companies Lllp raised its holdings in Sprott Physical Gold and Silver Trust by 32.7% in the 3rd quarter. Jones Financial Companies Lllp now owns 140,501 shares of the company’s stock worth $5,041,000 after acquiring an additional 34,661 shares during the period.

Sprott Physical Gold and Silver Trust Trading Up 3.2%

Sprott Physical Gold and Silver Trust stock opened at $45.73 on Thursday. Sprott Physical Gold and Silver Trust has a 52 week low of $26.01 and a 52 week high of $61.38. The business’s 50-day simple moving average is $51.96 and its 200-day simple moving average is $44.45.

Sprott Physical Gold and Silver Trust 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.