Cohen & Steers Inc. Grows Stake in Sprott Physical Gold and Silver Trust $CEF

Cohen & Steers Inc. lifted its position in Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) by 3.5% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 598,497 shares of the company’s stock after purchasing an additional 20,000 shares during the period. Cohen & Steers Inc.’s holdings in Sprott Physical Gold and Silver Trust were worth $27,411,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of CEF. S.A. Mason LLC increased its holdings in shares of Sprott Physical Gold and Silver Trust by 2.8% in the fourth quarter. S.A. Mason LLC now owns 7,068 shares of the company’s stock worth $324,000 after purchasing an additional 190 shares during the last quarter. Silver Oak Securities Incorporated increased its holdings in shares of Sprott Physical Gold and Silver Trust by 4.0% in the fourth quarter. Silver Oak Securities Incorporated now owns 6,617 shares of the company’s stock worth $312,000 after purchasing an additional 256 shares during the last quarter. DDD Partners LLC increased its holdings in shares of Sprott Physical Gold and Silver Trust by 4.5% in the fourth quarter. DDD Partners LLC now owns 6,399 shares of the company’s stock worth $293,000 after purchasing an additional 273 shares during the last quarter. D.A. Davidson & CO. increased its holdings in shares of Sprott Physical Gold and Silver Trust by 2.8% in the fourth quarter. D.A. Davidson & CO. now owns 10,975 shares of the company’s stock worth $503,000 after purchasing an additional 300 shares during the last quarter. Finally, Accordant Advisory Group Inc increased its holdings in shares of Sprott Physical Gold and Silver Trust by 1.5% in the fourth quarter. Accordant Advisory Group Inc now owns 20,766 shares of the company’s stock worth $951,000 after purchasing an additional 306 shares during the last quarter.

Sprott Physical Gold and Silver Trust Stock Up 0.6%

Shares of CEF stock opened at $43.55 on Friday. Sprott Physical Gold and Silver Trust has a 12-month low of $29.69 and a 12-month high of $61.38. The stock’s 50-day moving average price is $47.72 and its 200-day moving average price is $48.43.

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.