3EDGE Asset Management LP Purchases 186,745 Shares of Sprott Physical Gold and Silver Trust $CEF

Key Points

• 3EDGE Asset Management LP increased its stake in Sprott Physical Gold and Silver Trust by 46.4%, acquiring an additional 186,745 shares, bringing its total holdings to 589,317 shares.
• Other institutional investors, including CWM LLC and Advantage Trust Co, have also shown significant interest, with CWM LLC increasing its holdings by 139.0% in the recent quarter.
• Sprott Physical Gold and Silver Trust's stock has traded between a 1-year low of $23.53 and a high of $41.20, with current shares opening at $38.09.

3EDGE Asset Management LP lifted its position in Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF - Free Report) by 46.4% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 589,317 shares of the company's stock after purchasing an additional 186,745 shares during the quarter. Sprott Physical Gold and Silver Trust accounts for 1.1% of 3EDGE Asset Management LP's portfolio, making the stock its 20th largest position. 3EDGE Asset Management LP owned about 0.27% of Sprott Physical Gold and Silver Trust worth $17,568,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of CEF. CWM LLC increased its holdings in Sprott Physical Gold and Silver Trust by 139.0% in the 2nd quarter. CWM LLC now owns 956 shares of the company's stock valued at $29,000 after buying an additional 556 shares during the period. Atlas Capital Advisors Inc. acquired a new stake in shares of Sprott Physical Gold and Silver Trust during the 1st quarter valued at about $36,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in Sprott Physical Gold and Silver Trust in the second quarter valued at about $42,000. Advantage Trust Co raised its position in Sprott Physical Gold and Silver Trust by 28.6% in the second quarter. Advantage Trust Co now owns 1,800 shares of the company's stock worth $54,000 after purchasing an additional 400 shares in the last quarter. Finally, Coastline Trust Co lifted its stake in Sprott Physical Gold and Silver Trust by 35.6% during the first quarter. Coastline Trust Co now owns 2,385 shares of the company's stock worth $68,000 after purchasing an additional 626 shares during the period.

Sprott Physical Gold and Silver Trust Price Performance

Shares of CEF opened at $38.09 on Friday. Sprott Physical Gold and Silver Trust has a 1 year low of $23.53 and a 1 year high of $41.20. The stock has a 50 day simple moving average of $35.15 and a 200-day simple moving average of $31.68.

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.

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