Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) Stake Lessened by Cadence Wealth Management LLC

Cadence Wealth Management LLC decreased its position in Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) by 0.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 297,578 shares of the company’s stock after selling 420 shares during the quarter. Sprott Physical Gold and Silver Trust makes up 5.9% of Cadence Wealth Management LLC’s portfolio, making the stock its 4th biggest position. Cadence Wealth Management LLC’s holdings in Sprott Physical Gold and Silver Trust were worth $7,288,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in CEF. Bluefin Capital Management LLC grew its stake 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 buying an additional 500,751 shares during the last quarter. Philip James Wealth Mangement LLC bought a new position in shares of Sprott Physical Gold and Silver Trust during the third quarter valued at $8,951,000. Jane Street Group LLC raised its position in shares of Sprott Physical Gold and Silver Trust by 24.4% in the 1st 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 boosted its stake in Sprott Physical Gold and Silver Trust by 778.2% in the 2nd quarter. Strategic Financial Concepts LLC now owns 335,306 shares of the company’s stock worth $7,393,000 after purchasing an additional 297,127 shares in the last quarter. Finally, Cetera Investment Advisers grew its position in Sprott Physical Gold and Silver Trust by 220.8% during the 1st quarter. Cetera Investment Advisers now owns 378,590 shares of the company’s stock valued at $7,700,000 after purchasing an additional 260,571 shares during the last quarter.

Sprott Physical Gold and Silver Trust Price Performance

NYSEAMERICAN:CEF opened at $23.92 on Friday. Sprott Physical Gold and Silver Trust has a fifty-two week low of $18.04 and a fifty-two week 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.