Brookstone Capital Management Trims Stock Position in Sprott Physical Gold and Silver Trust $CEF

Key Points

• Brokestone Capital Management reduced its stake in Sprott Physical Gold and Silver Trust by 12.5% in the second quarter, owning 215,272 shares valued at approximately $6.48 million after selling 30,651 shares.
• Several institutional investors, such as Advantage Trust Co and Manchester Financial Inc., increased their positions in the trust, showcasing a diversified interest in the fund.
• The current trading price of Sprott Physical Gold and Silver Trust is $37.83, with a 52-week range between $23.53 and $41.20.

Brookstone Capital Management cut its stake in shares of Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF - Free Report) by 12.5% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 215,272 shares of the company's stock after selling 30,651 shares during the quarter. Brookstone Capital Management owned approximately 0.10% of Sprott Physical Gold and Silver Trust worth $6,480,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Advantage Trust Co increased its position in shares of Sprott Physical Gold and Silver Trust by 28.6% during the second quarter. Advantage Trust Co now owns 1,800 shares of the company's stock worth $54,000 after acquiring an additional 400 shares during the period. Avidian Wealth Enterprises LLC bought a new position in shares of Sprott Physical Gold and Silver Trust during the second quarter valued at approximately $207,000. International Assets Investment Management LLC bought a new position in shares of Sprott Physical Gold and Silver Trust during the second quarter valued at approximately $6,347,000. Manchester Financial Inc. boosted its stake in shares of Sprott Physical Gold and Silver Trust by 56.7% during the second quarter. Manchester Financial Inc. now owns 47,141 shares of the company's stock valued at $1,419,000 after purchasing an additional 17,061 shares in the last quarter. Finally, Mutual Advisors LLC boosted its stake in shares of Sprott Physical Gold and Silver Trust by 2.0% during the second quarter. Mutual Advisors LLC now owns 88,298 shares of the company's stock valued at $2,725,000 after purchasing an additional 1,756 shares in the last quarter.

Sprott Physical Gold and Silver Trust Trading Down 0.2%

NYSEAMERICAN CEF opened at $37.83 on Thursday. The firm's 50 day moving average price is $35.00 and its 200-day moving average price is $31.60. Sprott Physical Gold and Silver Trust has a 52-week low of $23.53 and a 52-week high of $41.20.

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.

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