International Assets Investment Management LLC Takes $6.35 Million Position in Sprott Physical Gold and Silver Trust $CEF

Key Points

• International Assets Investment Management LLC has acquired a new position in Sprott Physical Gold and Silver Trust valued at approximately $6.35 million, purchasing about 210,865 shares.
• Several institutional investors have significantly increased their stakes in Sprott Physical Gold and Silver Trust during the second quarter, with Manchester Financial Inc. growing its holdings by 56.7%.
• Sprott Physical Gold and Silver Trust's stock price has fluctuated between a fifty-two week low of $23.53 and a high of $41.20, currently opening at $39.60.

International Assets Investment Management LLC bought a new position in shares of Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF - Free Report) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund bought 210,865 shares of the company's stock, valued at approximately $6,347,000. International Assets Investment Management LLC owned about 0.10% of Sprott Physical Gold and Silver Trust at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Manchester Financial Inc. grew its holdings in Sprott Physical Gold and Silver Trust by 56.7% during the 2nd quarter. Manchester Financial Inc. now owns 47,141 shares of the company's stock worth $1,419,000 after acquiring an additional 17,061 shares during the last quarter. Mutual Advisors LLC grew its holdings in Sprott Physical Gold and Silver Trust by 2.0% during the 2nd quarter. Mutual Advisors LLC now owns 88,298 shares of the company's stock worth $2,725,000 after acquiring an additional 1,756 shares during the last quarter. Harbour Investments Inc. grew its holdings in Sprott Physical Gold and Silver Trust by 27.3% during the 2nd quarter. Harbour Investments Inc. now owns 20,535 shares of the company's stock worth $618,000 after acquiring an additional 4,400 shares during the last quarter. Kiker Wealth Management LLC grew its holdings in Sprott Physical Gold and Silver Trust by 30.3% during the 2nd quarter. Kiker Wealth Management LLC now owns 83,485 shares of the company's stock worth $2,513,000 after acquiring an additional 19,422 shares during the last quarter. Finally, CWM LLC grew its holdings in Sprott Physical Gold and Silver Trust by 139.0% during the 2nd quarter. CWM LLC now owns 956 shares of the company's stock worth $29,000 after acquiring an additional 556 shares during the last quarter.

Sprott Physical Gold and Silver Trust Price Performance

CEF opened at $39.60 on Friday. Sprott Physical Gold and Silver Trust has a fifty-two week low of $23.53 and a fifty-two week high of $41.20. The company's 50 day moving average price is $34.54 and its two-hundred day moving average price is $31.39.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.