Pacific Sage Partners LLC cut its stake in shares of Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF – Free Report) by 18.2% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 195,907 shares of the company’s stock after selling 43,680 shares during the quarter. Sprott Physical Gold and Silver Trust accounts for about 1.5% of Pacific Sage Partners LLC’s portfolio, making the stock its 20th largest position. Pacific Sage Partners LLC’s holdings in Sprott Physical Gold and Silver Trust were worth $9,349,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors have also added to or reduced their stakes in the company. 3EDGE Asset Management LP bought a new position in Sprott Physical Gold and Silver Trust in the 4th quarter valued at approximately $26,268,000. Morgan Stanley grew its stake in shares of Sprott Physical Gold and Silver Trust by 9.8% during the fourth quarter. Morgan Stanley now owns 5,627,038 shares of the company’s stock worth $257,718,000 after buying an additional 499,996 shares during the last quarter. Jane Street Group LLC grew its stake in shares of Sprott Physical Gold and Silver Trust by 51.8% during the second quarter. Jane Street Group LLC now owns 555,963 shares of the company’s stock worth $16,734,000 after buying an additional 189,669 shares during the last quarter. Private Advisor Group LLC increased its holdings in shares of Sprott Physical Gold and Silver Trust by 205.2% during the fourth quarter. Private Advisor Group LLC now owns 272,148 shares of the company’s stock worth $12,464,000 after buying an additional 182,969 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its holdings in shares of Sprott Physical Gold and Silver Trust by 25.2% during the second quarter. Ameriprise Financial Inc. now owns 787,541 shares of the company’s stock worth $23,700,000 after buying an additional 158,687 shares in the last quarter.
Sprott Physical Gold and Silver Trust Price Performance
NYSEAMERICAN CEF opened at $39.80 on Friday. Sprott Physical Gold and Silver Trust has a twelve month low of $29.69 and a twelve month high of $61.38. The business’s fifty day moving average is $46.77 and its 200 day moving average is $48.58.
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.
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