Cadence Wealth Management LLC Sells 10,026 Shares of Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF)

Cadence Wealth Management LLC decreased its holdings in Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF - Free Report) by 3.5% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 273,992 shares of the company's stock after selling 10,026 shares during the period. Sprott Physical Gold and Silver Trust accounts for about 5.8% of Cadence Wealth Management LLC's portfolio, making the stock its 5th biggest holding. Cadence Wealth Management LLC owned approximately 0.13% of Sprott Physical Gold and Silver Trust worth $7,784,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in CEF. Demars Financial Group LLC grew its holdings in Sprott Physical Gold and Silver Trust by 2,039.4% in the fourth quarter. Demars Financial Group LLC now owns 1,999,838 shares of the company's stock worth $47,516,000 after purchasing an additional 1,906,362 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Sprott Physical Gold and Silver Trust during the fourth quarter worth about $28,089,000. Inlight Wealth Management LLC purchased a new stake in Sprott Physical Gold and Silver Trust during the 4th quarter valued at about $10,803,000. Jane Street Group LLC grew its stake in shares of Sprott Physical Gold and Silver Trust by 50.3% in the 4th quarter. Jane Street Group LLC now owns 828,776 shares of the company's stock valued at $19,692,000 after buying an additional 277,315 shares during the period. Finally, JPMorgan Chase & Co. grew its stake in shares of Sprott Physical Gold and Silver Trust by 128.1% in the 4th quarter. JPMorgan Chase & Co. now owns 428,822 shares of the company's stock valued at $10,189,000 after buying an additional 240,865 shares during the period.

Sprott Physical Gold and Silver Trust Price Performance

Sprott Physical Gold and Silver Trust stock traded down $0.47 during mid-day trading on Friday, reaching $30.86. 649,868 shares of the company's stock were exchanged, compared to its average volume of 636,448. Sprott Physical Gold and Silver Trust has a twelve month low of $21.70 and a twelve month high of $31.80. The company has a fifty day moving average of $30.28 and a 200-day moving average of $27.77.

About Sprott Physical Gold and Silver Trust

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.