Tcfg Wealth Management LLC Has $299,000 Position in Sprott Physical Silver Trust $PSLV

Tcfg Wealth Management LLC lessened its holdings in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 82.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,275 shares of the exchange traded fund’s stock after selling 58,600 shares during the quarter. Tcfg Wealth Management LLC’s holdings in Sprott Physical Silver Trust were worth $299,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in PSLV. TKG Advisors LLC boosted its position in shares of Sprott Physical Silver Trust by 3.0% during the 4th quarter. TKG Advisors LLC now owns 12,363 shares of the exchange traded fund’s stock valued at $292,000 after acquiring an additional 356 shares in the last quarter. Sunbelt Securities Inc. increased its stake in Sprott Physical Silver Trust by 2.0% in the fourth quarter. Sunbelt Securities Inc. now owns 21,530 shares of the exchange traded fund’s stock valued at $509,000 after acquiring an additional 432 shares during the period. Latitude Advisors LLC raised its position in Sprott Physical Silver Trust by 1.5% in the fourth quarter. Latitude Advisors LLC now owns 34,469 shares of the exchange traded fund’s stock worth $815,000 after purchasing an additional 500 shares in the last quarter. Crane Advisory LLC raised its position in Sprott Physical Silver Trust by 5.2% in the fourth quarter. Crane Advisory LLC now owns 10,969 shares of the exchange traded fund’s stock worth $259,000 after purchasing an additional 538 shares in the last quarter. Finally, Wedbush Securities Inc. lifted its stake in Sprott Physical Silver Trust by 2.3% during the fourth quarter. Wedbush Securities Inc. now owns 24,549 shares of the exchange traded fund’s stock worth $581,000 after purchasing an additional 550 shares during the period.

Sprott Physical Silver Trust Stock Performance

Shares of PSLV opened at $18.87 on Wednesday. The company has a 50-day moving average price of $23.21 and a two-hundred day moving average price of $25.11. Sprott Physical Silver Trust has a 12 month low of $12.23 and a 12 month high of $38.13.

Sprott Physical Silver Trust Company Profile

Sprott Physical Silver Trust is a closed-end investment trust company, which engages in the provision of a secure, convenient, and exchange-traded investment alternative for investors interested in holding physical silver bullion without the inconvenience that is typical of a direct investment in physical silver bullion. The Trust invests and intends to continue to invest primarily in long-term holdings of unencumbered, fully allocated, physical silver bullion, and does not speculate with regard to short-term changes in silver prices.