Kingstone Capital Partners Texas LLC Makes New $114.73 Million Investment in Sprott Physical Gold and Silver Trust $CEF

Key Points

• Kingstone Capital Partners Texas LLC invested approximately $114.73 million in the Sprott Physical Gold and Silver Trust during the second quarter, acquiring 3,811,500 shares.
• Several institutional investors, including CENTRAL TRUST Co and Royal Bank of Canada, have increased their holdings in Sprott Physical Gold and Silver Trust, reflecting growing interest in the fund.
• The Sprott Physical Gold and Silver Trust's stock opened at $34.66, with a fifty-two week high of $34.73 and a low of $23.53.

Kingstone Capital Partners Texas LLC purchased a new position in Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 3,811,500 shares of the company's stock, valued at approximately $114,726,000. Kingstone Capital Partners Texas LLC owned approximately 1.77% of Sprott Physical Gold and Silver Trust as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of CEF. Atlas Capital Advisors Inc. purchased a new stake in Sprott Physical Gold and Silver Trust in the 1st quarter worth about $36,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in Sprott Physical Gold and Silver Trust in the 2nd quarter valued at $42,000. Coastline Trust Co boosted its stake in Sprott Physical Gold and Silver Trust by 35.6% in the 1st quarter. Coastline Trust Co now owns 2,385 shares of the company's stock valued at $68,000 after buying an additional 626 shares in the last quarter. Bulwark Capital Corp acquired a new stake in Sprott Physical Gold and Silver Trust in the 2nd quarter valued at $123,000. Finally, Atticus Wealth Management LLC acquired a new stake in Sprott Physical Gold and Silver Trust in the 2nd quarter valued at $127,000.

Sprott Physical Gold and Silver Trust Price Performance

CEF stock traded up $0.60 during trading on Friday, hitting $34.66. The company had a trading volume of 748,844 shares, compared to its average volume of 642,337. The company has a fifty day moving average price of $31.88 and a two-hundred day moving average price of $29.94. Sprott Physical Gold and Silver Trust has a fifty-two week low of $23.53 and a fifty-two week high of $34.73.

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.