85,980 Sprott Physical Silver Trust $PSLV Shares Purchased by Walser Wealth Management Company A Ltd Liability Co

Walser Wealth Management Company A Ltd Liability Co raised its holdings in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) by 57.8% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 234,754 shares of the exchange traded fund’s stock after acquiring an additional 85,980 shares during the quarter. Sprott Physical Silver Trust makes up approximately 1.7% of Walser Wealth Management Company A Ltd Liability Co’s holdings, making the stock its 11th biggest position. Walser Wealth Management Company A Ltd Liability Co’s holdings in Sprott Physical Silver Trust were worth $4,547,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Purpose Unlimited Inc. bought a new stake in shares of Sprott Physical Silver Trust in the fourth quarter worth $28,000. Contravisory Investment Management Inc. acquired a new position in Sprott Physical Silver Trust during the third quarter worth $32,000. Trust Co. of Vermont acquired a new position in Sprott Physical Silver Trust during the second quarter worth $39,000. Root Financial Partners LLC acquired a new position in Sprott Physical Silver Trust during the first quarter worth $73,000. Finally, Costello Asset Management INC grew its position in Sprott Physical Silver Trust by 76.5% in the first quarter. Costello Asset Management INC now owns 3,000 shares of the exchange traded fund’s stock valued at $73,000 after purchasing an additional 1,300 shares in the last quarter.

Sprott Physical Silver Trust Stock Up 2.9%

Sprott Physical Silver Trust stock opened at $18.60 on Friday. Sprott Physical Silver Trust has a 1-year low of $15.06 and a 1-year high of $38.13. The company has a fifty day simple moving average of $20.94 and a 200 day simple moving average of $21.73.

About Sprott Physical Silver Trust

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.