Arkadios Wealth Advisors Makes New $7.44 Million Investment in Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF)

Key Points

• Arkadios Wealth Advisors has acquired 261,726 shares of the Sprott Physical Gold and Silver Trust, valued at approximately $7.4 million, giving them a 0.12% ownership stake.
• Multiple other investors, including Demars Financial Group LLC and JPMorgan Chase & Co., have significantly increased their positions in the Trust during the 4th quarter.
• The current stock price of Sprott Physical Gold and Silver Trust is $30.73, with a fifty-two week range of $21.70 to $31.80.

Arkadios Wealth Advisors acquired a new stake in shares of Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 261,726 shares of the company's stock, valued at approximately $7,436,000. Arkadios Wealth Advisors owned approximately 0.12% of Sprott Physical Gold and Silver Trust as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Coastline Trust Co increased its holdings in shares of 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 valued at $68,000 after acquiring an additional 626 shares in the last quarter. Chapman Financial Group LLC bought a new stake in Sprott Physical Gold and Silver Trust during the fourth quarter worth $67,000. Elequin Capital LP bought a new stake in Sprott Physical Gold and Silver Trust during the fourth quarter worth $168,000. Hemenway Trust Co LLC bought a new stake in Sprott Physical Gold and Silver Trust during the first quarter worth $203,000. Finally, Alexander Labrunerie & CO. Inc. bought a new stake in Sprott Physical Gold and Silver Trust during the first quarter worth $209,000.

Sprott Physical Gold and Silver Trust Stock Up 1.8%

NYSEAMERICAN:CEF traded up $0.55 during trading on Friday, reaching $30.67. The company's stock had a trading volume of 413,302 shares, compared to its average volume of 629,755. The firm has a 50 day moving average of $30.41 and a 200-day moving average of $27.99. Sprott Physical Gold and Silver Trust has a 12 month low of $21.70 and a 12 month high of $31.80.

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.