Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) Sets New 1-Year High – What’s Next?

Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) shares reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $28.42 and last traded at $28.32, with a volume of 428682 shares trading hands. The stock had previously closed at $28.22.

Sprott Physical Gold and Silver Trust Price Performance

The company’s fifty day moving average is $26.78.

Hedge Funds Weigh In On Sprott Physical Gold and Silver Trust

Institutional investors have recently bought and sold shares of the stock. Laurel Wealth Advisors LLC purchased a new stake in shares of Sprott Physical Gold and Silver Trust in the 4th quarter worth about $52,000. Chapman Financial Group LLC bought a new position in shares of Sprott Physical Gold and Silver Trust during the fourth quarter valued at approximately $67,000. Duncker Streett & Co. Inc. purchased a new position in shares of Sprott Physical Gold and Silver Trust during the fourth quarter valued at approximately $107,000. Harbour Investments Inc. boosted its position in shares of Sprott Physical Gold and Silver Trust by 11.1% in the 4th quarter. Harbour Investments Inc. now owns 5,304 shares of the company’s stock worth $126,000 after purchasing an additional 530 shares in the last quarter. Finally, Addison Advisors LLC grew its stake in shares of Sprott Physical Gold and Silver Trust by 25.3% in the 4th quarter. Addison Advisors LLC now owns 5,940 shares of the company’s stock worth $141,000 after buying an additional 1,200 shares during the last quarter.

Sprott Physical Gold and Silver Trust Company 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.