Guardian Partners Inc. Buys Shares of 79,277 Sprott Physical Gold and Silver Trust $CEF

Key Points

• Guardian Partners Inc. has acquired a new position in Sprott Physical Gold and Silver Trust, purchasing 79,277 shares valued at approximately $2,245,000.
• Several hedge funds, including NewEdge Advisors LLC and Federation des caisses Desjardins du Quebec, have also increased their stakes in the trust during the first quarter.
• As of Monday, Sprott Physical Gold and Silver Trust's shares are trading at $33.40, with a one-year range between $22.73 and $33.58.

Guardian Partners Inc. bought a new position in shares of Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 79,277 shares of the company's stock, valued at approximately $2,245,000.

Several other large investors also recently made changes to their positions in CEF. First Manhattan CO. LLC. grew its holdings in shares of Sprott Physical Gold and Silver Trust by 42.9% during the fourth quarter. First Manhattan CO. LLC. now owns 56,457 shares of the company's stock worth $1,341,000 after purchasing an additional 16,956 shares during the last quarter. Paradigm Capital Management LLC NV acquired a new position in shares of Sprott Physical Gold and Silver Trust during the fourth quarter valued at $223,000. Royal Bank of Canada lifted its stake in shares of Sprott Physical Gold and Silver Trust by 2.8% during the fourth quarter. Royal Bank of Canada now owns 3,453,905 shares of the company's stock valued at $82,065,000 after acquiring an additional 93,522 shares during the period. Delta Investment Management LLC lifted its stake in shares of Sprott Physical Gold and Silver Trust by 14.3% during the fourth quarter. Delta Investment Management LLC now owns 115,113 shares of the company's stock valued at $2,735,000 after acquiring an additional 14,403 shares during the period. Finally, Focus Partners Advisor Solutions LLC lifted its stake in shares of Sprott Physical Gold and Silver Trust by 16.7% during the fourth quarter. Focus Partners Advisor Solutions LLC now owns 12,493 shares of the company's stock valued at $297,000 after acquiring an additional 1,792 shares during the period.

Sprott Physical Gold and Silver Trust Trading Up 0.6%

Shares of CEF traded up $0.19 during trading hours on Friday, hitting $34.15. 610,413 shares of the stock traded hands, compared to its average volume of 636,860. Sprott Physical Gold and Silver Trust has a 1-year low of $23.53 and a 1-year high of $34.26. The business has a fifty day moving average of $31.49 and a 200-day moving average of $29.65.

Sprott Physical Gold and Silver Trust 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.