Mission Wealth Management LP Makes New Investment in Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF)

Mission Wealth Management LP bought a new stake in Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF - Free Report) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 11,450 shares of the company's stock, valued at approximately $325,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in CEF. Chapman Financial Group LLC acquired a new position in Sprott Physical Gold and Silver Trust during the fourth quarter worth $67,000. Duncker Streett & Co. Inc. bought a new stake in shares of Sprott Physical Gold and Silver Trust during the fourth quarter worth about $107,000. Harbour Investments Inc. raised its holdings in shares of Sprott Physical Gold and Silver Trust by 11.1% in the 4th quarter. Harbour Investments Inc. now owns 5,304 shares of the company's stock worth $126,000 after acquiring an additional 530 shares during the last quarter. Addison Advisors LLC raised its holdings in shares of Sprott Physical Gold and Silver Trust by 25.3% in the 4th quarter. Addison Advisors LLC now owns 5,940 shares of the company's stock worth $141,000 after acquiring an additional 1,200 shares during the last quarter. Finally, Elequin Capital LP bought a new position in Sprott Physical Gold and Silver Trust in the 4th quarter valued at about $168,000.

Sprott Physical Gold and Silver Trust Price Performance

CEF stock traded down $0.24 during mid-day trading on Thursday, reaching $30.63. 558,369 shares of the company traded hands, compared to its average volume of 591,608. The firm's 50 day moving average price is $29.39 and its 200 day moving average price is $26.74. Sprott Physical Gold and Silver Trust has a fifty-two week low of $21.63 and a fifty-two week high of $31.03.

About Sprott Physical Gold and Silver Trust

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.