Philip James Wealth Mangement LLC Invests $8.95 Million in Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF)

Philip James Wealth Mangement LLC purchased a new position in shares of Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 365,481 shares of the company’s stock, valued at approximately $8,951,000. Sprott Physical Gold and Silver Trust comprises approximately 1.1% of Philip James Wealth Mangement LLC’s investment portfolio, making the stock its 20th largest holding. Philip James Wealth Mangement LLC owned about 0.17% of Sprott Physical Gold and Silver Trust as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also bought and sold shares of CEF. Larson Financial Group LLC boosted its holdings in Sprott Physical Gold and Silver Trust by 4,761.9% in the first quarter. Larson Financial Group LLC now owns 2,042 shares of the company’s stock worth $42,000 after purchasing an additional 2,000 shares during the period. Oppenheimer & Co. Inc. boosted its holdings in shares of Sprott Physical Gold and Silver Trust by 15.7% in the 1st quarter. Oppenheimer & Co. Inc. now owns 72,646 shares of the company’s stock valued at $1,478,000 after buying an additional 9,838 shares during the period. Fore Capital LLC bought a new stake in shares of Sprott Physical Gold and Silver Trust during the 1st quarter valued at about $2,237,000. US Bancorp DE grew its position in shares of Sprott Physical Gold and Silver Trust by 1.5% during the 1st quarter. US Bancorp DE now owns 45,133 shares of the company’s stock valued at $918,000 after buying an additional 647 shares during the last quarter. Finally, Richard C. Young & CO. LTD. acquired a new stake in Sprott Physical Gold and Silver Trust during the first quarter worth about $201,000.

Sprott Physical Gold and Silver Trust Stock Performance

NYSEAMERICAN:CEF traded down $0.19 during midday trading on Friday, reaching $25.03. 115,120 shares of the company traded hands, compared to its average volume of 493,026. Sprott Physical Gold and Silver Trust has a twelve month low of $17.84 and a twelve month high of $26.50.

Sprott Physical Gold and Silver Trust Profile

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.