Elequin Capital LP Purchases 28,691 Shares of Sprott Physical Gold and Silver Trust $CEF

Key Points

• Elequin Capital LP significantly increased its stake in Sprott Physical Gold and Silver Trust by 406.4%, owning 35,750 shares worth approximately $1.02 million at the end of the first quarter.
• Other institutions, including Coastline Trust Co and Hemenway Trust Co LLC, also made notable acquisitions or increases in their positions in Sprott Physical Gold and Silver Trust during the same period.
• The stock currently trades at $30.99, with a 52-week range between $22.68 and $31.80.

Elequin Capital LP increased its stake in shares of Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF - Free Report) by 406.4% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 35,750 shares of the company's stock after acquiring an additional 28,691 shares during the period. Elequin Capital LP's holdings in Sprott Physical Gold and Silver Trust were worth $1,016,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the stock. Atria Wealth Solutions Inc. grew its stake in Sprott Physical Gold and Silver Trust by 1.3% in the first quarter. Atria Wealth Solutions Inc. now owns 38,769 shares of the company's stock valued at $1,101,000 after purchasing an additional 485 shares in the last quarter. BOS Asset Management LLC increased its position in Sprott Physical Gold and Silver Trust by 1.2% during the fourth quarter. BOS Asset Management LLC now owns 48,784 shares of the company's stock worth $1,159,000 after buying an additional 564 shares during the last quarter. Latitude Advisors LLC increased its position in Sprott Physical Gold and Silver Trust by 5.3% during the first quarter. Latitude Advisors LLC now owns 11,505 shares of the company's stock worth $327,000 after buying an additional 580 shares during the last quarter. Townsquare Capital LLC increased its position in Sprott Physical Gold and Silver Trust by 3.7% during the fourth quarter. Townsquare Capital LLC now owns 17,580 shares of the company's stock worth $418,000 after buying an additional 622 shares during the last quarter. Finally, Coastline Trust Co increased its position 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 buying an additional 626 shares during the last quarter.

Sprott Physical Gold and Silver Trust Price Performance

NYSEAMERICAN CEF traded down $0.29 during trading on Tuesday, reaching $30.59. 341,473 shares of the company's stock were exchanged, compared to its average volume of 623,420. The business has a 50 day moving average price of $30.73 and a 200-day moving average price of $28.67. Sprott Physical Gold and Silver Trust has a fifty-two week low of $22.68 and a fifty-two week 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.