Asset One Wealth Management LLC Makes New $3.22 Million Investment in Sprott Physical Gold and Silver Trust $CEF

Asset One Wealth Management LLC purchased a new position in shares of Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 67,158 shares of the company’s stock, valued at approximately $3,224,000.

Other large investors also recently made changes to their positions in the company. Litman Gregory Wealth Management LLC acquired a new stake in shares of Sprott Physical Gold and Silver Trust in the fourth quarter worth $30,000. Assetmark Inc. increased its position in shares of Sprott Physical Gold and Silver Trust by 602.5% in the third quarter. Assetmark Inc. now owns 843 shares of the company’s stock worth $31,000 after acquiring an additional 723 shares in the last quarter. Halbert Hargrove Global Advisors LLC acquired a new stake in shares of Sprott Physical Gold and Silver Trust in the fourth quarter worth $46,000. Bard Associates Inc. acquired a new stake in shares of Sprott Physical Gold and Silver Trust in the fourth quarter worth $69,000. Finally, Laurel Wealth Advisors LLC acquired a new stake in shares of Sprott Physical Gold and Silver Trust in the fourth quarter worth $78,000.

Sprott Physical Gold and Silver Trust Price Performance

Sprott Physical Gold and Silver Trust stock opened at $43.69 on Thursday. Sprott Physical Gold and Silver Trust has a 52-week low of $29.69 and a 52-week high of $61.38. The firm has a fifty day moving average of $47.58 and a 200-day moving average of $48.59.

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.