Sprott Physical Gold and Silver Trust $CEF Shares Sold by Evergreen Capital Management LLC

Key Points

• Evergreen Capital Management LLC sold 129,455 shares of Sprott Physical Gold and Silver Trust, reducing its holdings by 22.9% to a total of 434,972 shares valued at $12,358,000.
• Other institutional investors, such as Arkadios Wealth Advisors and GAMMA Investing LLC, altered their positions, with GAMMA increasing its stake by an impressive 2,741.0% in the first quarter.
• Shares of Sprott opened at $31.77 and have a 52-week range between $22.68 and $31.80, reflecting recent trading activity with a moving average of $30.82.

Evergreen Capital Management LLC cut its holdings in shares of Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF - Free Report) by 22.9% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 434,972 shares of the company's stock after selling 129,455 shares during the period. Evergreen Capital Management LLC owned about 0.20% of Sprott Physical Gold and Silver Trust worth $12,358,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Ieq Capital LLC lifted its position in Sprott Physical Gold and Silver Trust by 18.2% during the first quarter. Ieq Capital LLC now owns 64,852 shares of the company's stock valued at $1,842,000 after purchasing an additional 9,974 shares during the period. Bahl & Gaynor Inc. lifted its position in Sprott Physical Gold and Silver Trust by 8.0% during the first quarter. Bahl & Gaynor Inc. now owns 9,939 shares of the company's stock valued at $282,000 after purchasing an additional 738 shares during the period. Northwestern Mutual Wealth Management Co. lifted its position in Sprott Physical Gold and Silver Trust by 8.9% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 141,491 shares of the company's stock valued at $4,020,000 after purchasing an additional 11,527 shares during the period. Summit Financial LLC lifted its position in Sprott Physical Gold and Silver Trust by 55.2% during the first quarter. Summit Financial LLC now owns 13,189 shares of the company's stock valued at $375,000 after purchasing an additional 4,689 shares during the period. Finally, New Harbor Financial Group LLC lifted its position in Sprott Physical Gold and Silver Trust by 3.8% during the first quarter. New Harbor Financial Group LLC now owns 376,485 shares of the company's stock valued at $10,696,000 after purchasing an additional 13,933 shares during the period.

Sprott Physical Gold and Silver Trust Trading Up 1.1%

NYSEAMERICAN CEF traded up $0.37 on Wednesday, reaching $33.36. 390,822 shares of the company's stock traded hands, compared to its average volume of 620,822. The stock has a 50 day moving average price of $30.95 and a 200-day moving average price of $29.20. Sprott Physical Gold and Silver Trust has a fifty-two week low of $22.73 and a fifty-two week high of $33.33.

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.