Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) Sets New 52-Week High – Here’s What Happened

Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $25.30 and last traded at $25.18, with a volume of 106011 shares. The stock had previously closed at $24.95.

Sprott Physical Gold and Silver Trust Stock Up 0.4 %

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in CEF. Bluefin Capital Management LLC raised its holdings in shares of Sprott Physical Gold and Silver Trust by 17.4% in the 1st quarter. Bluefin Capital Management LLC now owns 3,385,362 shares of the company’s stock worth $68,858,000 after acquiring an additional 500,751 shares during the last quarter. Jane Street Group LLC raised its stake in shares of Sprott Physical Gold and Silver Trust by 24.4% in the first quarter. Jane Street Group LLC now owns 1,560,442 shares of the company’s stock worth $31,739,000 after purchasing an additional 306,168 shares during the last quarter. Strategic Financial Concepts LLC lifted its holdings in shares of Sprott Physical Gold and Silver Trust by 778.2% in the second quarter. Strategic Financial Concepts LLC now owns 335,306 shares of the company’s stock valued at $7,393,000 after purchasing an additional 297,127 shares in the last quarter. Cetera Investment Advisers boosted its position in shares of Sprott Physical Gold and Silver Trust by 220.8% during the first quarter. Cetera Investment Advisers now owns 378,590 shares of the company’s stock valued at $7,700,000 after buying an additional 260,571 shares during the last quarter. Finally, Jupiter Asset Management Ltd. grew its holdings in Sprott Physical Gold and Silver Trust by 12.7% during the second quarter. Jupiter Asset Management Ltd. now owns 2,055,164 shares of the company’s stock worth $45,316,000 after buying an additional 232,222 shares in the last quarter.

About Sprott Physical Gold and Silver Trust

Sprott Physical Gold & Silver Trust operates as a closed-ended investment fund/investment trust. The company was founded on October 26, 2017 and is headquartered in Toronto, Canada.