Royal Bank of Canada Increases Stake in Sprott Physical Gold and Silver Trust $CEF

Key Points

• Royal Bank of Canada increased its stake in Sprott Physical Gold and Silver Trust by 3.9%, owning 3,588,641 shares valued at approximately $101.95 million.
• Several other institutional investors also modified their holdings, with new positions acquired during the first quarter totaling amounts up to $209,000.
• Sprott Physical Gold and Silver Trust has experienced a stock performance with a 52-week trading range between $22.73 and $33.42, currently priced at $33.22.

Royal Bank of Canada raised its stake in shares of Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF - Free Report) by 3.9% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,588,641 shares of the company's stock after buying an additional 134,736 shares during the quarter. Royal Bank of Canada owned about 1.67% of Sprott Physical Gold and Silver Trust worth $101,953,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of CEF. Atria Wealth Solutions Inc. raised its position in Sprott Physical Gold and Silver Trust by 1.3% during the first quarter. Atria Wealth Solutions Inc. now owns 38,769 shares of the company's stock valued at $1,101,000 after purchasing an additional 485 shares during the period. Latitude Advisors LLC raised its holdings in shares of Sprott Physical Gold and Silver Trust by 5.3% during the 1st quarter. Latitude Advisors LLC now owns 11,505 shares of the company's stock valued at $327,000 after purchasing an additional 580 shares in the last quarter. Coastline Trust Co grew its position in shares of Sprott Physical Gold and Silver Trust by 35.6% in the first quarter. Coastline Trust Co now owns 2,385 shares of the company's stock valued at $68,000 after purchasing an additional 626 shares during the last quarter. Strategic Financial Concepts LLC increased its holdings in shares of Sprott Physical Gold and Silver Trust by 2.7% during the 1st quarter. Strategic Financial Concepts LLC now owns 24,535 shares of the company's stock worth $657,000 after purchasing an additional 641 shares during the period. Finally, Bahl & Gaynor Inc. boosted its position in Sprott Physical Gold and Silver Trust by 8.0% in the first quarter. Bahl & Gaynor Inc. now owns 9,939 shares of the company's stock valued at $282,000 after buying an additional 738 shares in the last quarter.

Sprott Physical Gold and Silver Trust Stock Up 1.2%

Shares of CEF stock traded up $0.42 during trading hours on Monday, hitting $33.82. 762,730 shares of the company were exchanged, compared to its average volume of 631,395. Sprott Physical Gold and Silver Trust has a 52 week low of $22.88 and a 52 week high of $33.90. The business has a 50 day moving average of $31.14 and a two-hundred day moving average of $29.39.

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.