Financial Planning Navigators CORP Buys New Position in Sprott Physical Gold and Silver Trust $CEF

Key Points

• Financial Planning Navigators CORP bought 107,587 shares of Sprott Physical Gold and Silver Trust in Q4, a stake worth about $4.93 million that represents roughly 2.3% of its investment portfolio and is its 10th-largest holding, equal to ~0.05% ownership of the trust.
• Sprott Physical Gold and Silver Trust is a closed-end trust (est. 2019, sponsored by Sprott) that holds allocated London Good Delivery gold and London Silver Fix silver bars to give investors direct exposure to physical gold and silver without handling storage or insurance.
• The trust's shares opened at $47.05 and were trading down about 2.7%, with a 50-day moving average of $51.14, a 200-day moving average of $44.89, and a 1-year range of $26.01 to $61.38.

Financial Planning Navigators CORP bought a new stake in shares of Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 107,587 shares of the company's stock, valued at approximately $4,927,000. Sprott Physical Gold and Silver Trust accounts for about 2.3% of Financial Planning Navigators CORP's investment portfolio, making the stock its 10th biggest holding. Financial Planning Navigators CORP owned approximately 0.05% of Sprott Physical Gold and Silver Trust at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. Silver Oak Securities Incorporated boosted its stake in shares of Sprott Physical Gold and Silver Trust by 4.0% in the 4th quarter. Silver Oak Securities Incorporated now owns 6,617 shares of the company's stock valued at $312,000 after purchasing an additional 256 shares during the last quarter. Highland Capital Management LLC raised its stake in Sprott Physical Gold and Silver Trust by 1.3% during the third quarter. Highland Capital Management LLC now owns 30,928 shares of the company's stock worth $1,135,000 after buying an additional 400 shares during the last quarter. Fermata Advisors LLC lifted its holdings in Sprott Physical Gold and Silver Trust by 3.4% in the third quarter. Fermata Advisors LLC now owns 12,592 shares of the company's stock valued at $462,000 after buying an additional 409 shares during the period. Midwest Financial Group LLC boosted its position in Sprott Physical Gold and Silver Trust by 3.6% during the third quarter. Midwest Financial Group LLC now owns 14,278 shares of the company's stock valued at $524,000 after acquiring an additional 490 shares during the last quarter. Finally, Cerity Partners LLC boosted its position in Sprott Physical Gold and Silver Trust by 2.5% during the second quarter. Cerity Partners LLC now owns 20,281 shares of the company's stock valued at $610,000 after acquiring an additional 500 shares during the last quarter.

Sprott Physical Gold and Silver Trust Trading Down 2.7%

Shares of Sprott Physical Gold and Silver Trust stock opened at $47.05 on Friday. The business has a 50-day moving average price of $51.14 and a two-hundred day moving average price of $44.89. Sprott Physical Gold and Silver Trust has a 1-year low of $26.01 and a 1-year high of $61.38.

About Sprott Physical Gold and Silver Trust

The Sprott Physical Gold and Silver Trust NYSEAMERICAN: CEF is a closed-end investment trust that provides investors with direct exposure to physical gold and silver bullion. Established in 2019 and sponsored by Sprott Asset Management, the trust holds allocated London Good Delivery gold bars and London Silver Fix silver bars in secure vaults, offering a transparent alternative to traditional equity- or futures-based precious metals vehicles. Each trust unit represents a proportional interest in the bullion holdings, and investors gain ownership of the underlying metal without assuming the logistics of purchase, storage, or insurance.

To maintain its inventory, the trust purchases bullion through approved bullion dealers and London bullion market participants.

Want to see what other hedge funds are holding CEF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.