Sprott Physical Gold and Silver Trust $CEF Shares Bought by Robertson Stephens Wealth Management LLC

Robertson Stephens Wealth Management LLC grew its stake in shares of Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) by 23.8% in the 3rd quarter, HoldingsChannel reports. The firm owned 136,864 shares of the company’s stock after acquiring an additional 26,348 shares during the quarter. Robertson Stephens Wealth Management LLC’s holdings in Sprott Physical Gold and Silver Trust were worth $5,685,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. TD Waterhouse Canada Inc. boosted its position in shares of Sprott Physical Gold and Silver Trust by 7.3% in the 3rd quarter. TD Waterhouse Canada Inc. now owns 197,167 shares of the company’s stock valued at $8,186,000 after purchasing an additional 13,468 shares during the period. Halbert Hargrove Global Advisors LLC purchased a new position in Sprott Physical Gold and Silver Trust in the 3rd quarter worth about $42,000. SBE LLC DBA Cedar Cove Wealth Partners increased its stake in Sprott Physical Gold and Silver Trust by 11.5% in the 3rd quarter. SBE LLC DBA Cedar Cove Wealth Partners now owns 77,436 shares of the company’s stock worth $3,217,000 after purchasing an additional 7,997 shares in the last quarter. Kellett Wealth Advisors LLC raised its holdings in Sprott Physical Gold and Silver Trust by 4.4% during the 3rd quarter. Kellett Wealth Advisors LLC now owns 16,312 shares of the company’s stock worth $678,000 after buying an additional 680 shares during the period. Finally, HBW Advisory Services LLC raised its holdings in Sprott Physical Gold and Silver Trust by 1.2% during the 3rd quarter. HBW Advisory Services LLC now owns 31,036 shares of the company’s stock worth $1,289,000 after buying an additional 381 shares during the period.

Sprott Physical Gold and Silver Trust Stock Performance

NYSEAMERICAN CEF opened at $40.45 on Friday. Sprott Physical Gold and Silver Trust has a 1 year low of $36.16 and a 1 year high of $61.38. The stock’s 50-day moving average price is $43.78 and its two-hundred day moving average price is $44.47.

Sprott Physical Gold and Silver Trust Profile

Sprott Physical Gold and Silver Trust is a closed-end precious-metals trust that seeks to provide investors with exposure to physical gold and silver bullion. The trust holds substantially all of its assets in bullion rather than in mining companies, futures contracts, or other financial instruments, giving investors a way to participate directly in the potential long-term value of precious metals.

The trust’s holdings consist of allocated and segregated gold and silver bullion stored with a custodian.