Avidian Wealth Enterprises LLC Sells 8,050 Shares of Sprott Physical Silver Trust (NYSEARCA:PSLV)

Avidian Wealth Enterprises LLC lessened its position in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) by 14.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 49,474 shares of the exchange traded fund’s stock after selling 8,050 shares during the period. Avidian Wealth Enterprises LLC’s holdings in Sprott Physical Silver Trust were worth $477,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. First Horizon Advisors Inc. acquired a new stake in shares of Sprott Physical Silver Trust in the third quarter valued at approximately $32,000. Eastern Bank acquired a new stake in shares of Sprott Physical Silver Trust in the third quarter valued at approximately $45,000. FNY Investment Advisers LLC acquired a new stake in shares of Sprott Physical Silver Trust in the fourth quarter valued at approximately $80,000. Hara Capital LLC acquired a new stake in shares of Sprott Physical Silver Trust in the third quarter valued at approximately $86,000. Finally, James Hambro & Partners LLP acquired a new stake in shares of Sprott Physical Silver Trust in the fourth quarter valued at approximately $106,000.

Sprott Physical Silver Trust Trading Up 0.5 %

NYSEARCA PSLV opened at $10.98 on Friday. Sprott Physical Silver Trust has a 1-year low of $7.41 and a 1-year high of $11.77. The company has a 50 day moving average of $10.26 and a 200-day moving average of $10.30.

Sprott Physical Silver Trust 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.