CENTRAL TRUST Co Reduces Holdings in Sprott Physical Gold and Silver Trust $CEF

CENTRAL TRUST Co lessened its stake in Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) by 1.3% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 7,823,028 shares of the company’s stock after selling 101,826 shares during the period. Sprott Physical Gold and Silver Trust accounts for approximately 6.0% of CENTRAL TRUST Co’s investment portfolio, making the stock its largest holding. CENTRAL TRUST Co’s holdings in Sprott Physical Gold and Silver Trust were worth $287,027,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Concurrent Investment Advisors LLC increased its holdings 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. International Assets Investment Management LLC acquired a new stake in shares of Sprott Physical Gold and Silver Trust during the second quarter worth about $6,347,000. Jones Financial Companies Lllp boosted its position in Sprott Physical Gold and Silver Trust by 32.7% in the third quarter. Jones Financial Companies Lllp now owns 140,501 shares of the company’s stock valued at $5,041,000 after buying an additional 34,661 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 worth approximately $3,669,000. Finally, Wealth Enhancement Advisory Services LLC raised its position in Sprott Physical Gold and Silver Trust by 25.3% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 261,559 shares of the company’s stock worth $9,887,000 after buying an additional 52,851 shares during the last quarter.

Sprott Physical Gold and Silver Trust Stock Performance

Shares of NYSEAMERICAN CEF opened at $53.02 on Thursday. The company has a 50 day simple moving average of $48.95 and a two-hundred day simple moving average of $40.30. Sprott Physical Gold and Silver Trust has a 12 month low of $25.82 and a 12 month high of $61.38.

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.