Sprott Physical Gold and Silver Trust $CEF Shares Acquired by IFP Advisors Inc

Key Points

• IFP Advisors Inc increased its stake in Sprott Physical Gold and Silver Trust by 84.2% in Q3, buying an additional 90,720 shares to hold 198,499 shares worth about $7.28 million (roughly 0.09% of the trust).
• The trust offers direct exposure to physical bullion—holding allocated London Good Delivery gold bars and London Silver Fix silver bars in secure vaults—while shares opened at $48.82 with a 12‑month low/high of $26.01 / $61.38 and 50/200‑day moving averages of $52.49 / $44.03.

IFP Advisors Inc boosted its stake in Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF - Free Report) by 84.2% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 198,499 shares of the company's stock after buying an additional 90,720 shares during the period. IFP Advisors Inc owned 0.09% of Sprott Physical Gold and Silver Trust worth $7,283,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Accordant Advisory Group Inc lifted its stake in shares of Sprott Physical Gold and Silver Trust by 1.5% in the 2nd quarter. Accordant Advisory Group Inc now owns 26,042 shares of the company's stock worth $784,000 after acquiring an additional 396 shares during the period. Highland Capital Management LLC boosted its holdings in shares of Sprott Physical Gold and Silver Trust by 1.3% in the third quarter. Highland Capital Management LLC now owns 30,928 shares of the company's stock valued at $1,135,000 after acquiring an additional 400 shares in the last quarter. Fermata Advisors LLC increased its stake in shares of Sprott Physical Gold and Silver Trust by 3.4% during the third quarter. Fermata Advisors LLC now owns 12,592 shares of the company's stock valued at $462,000 after acquiring an additional 409 shares during the period. Midwest Financial Group LLC increased its stake in shares of Sprott Physical Gold and Silver Trust by 3.6% during the third quarter. Midwest Financial Group LLC now owns 14,278 shares of the company's stock valued at $524,000 after acquiring an additional 490 shares during the period. Finally, Cerity Partners LLC increased its stake in shares of Sprott Physical Gold and Silver Trust by 2.5% during the second quarter. Cerity Partners LLC now owns 20,281 shares of the company's stock valued at $610,000 after acquiring an additional 500 shares during the period.

Sprott Physical Gold and Silver Trust Price Performance

Shares of NYSEAMERICAN:CEF opened at $48.82 on Thursday. Sprott Physical Gold and Silver Trust has a 12 month low of $26.01 and a 12 month high of $61.38. The stock's 50 day moving average price is $52.49 and its 200 day moving average price is $44.03.

Sprott Physical Gold and Silver Trust Company Profile

The Sprott Physical Gold and Silver Trust NYSEAMERICAN: CEF is a closed-end investment trust that provides investors with direct exposure to physical gold and silver bullion. Established in 2019 and sponsored by Sprott Asset Management, the trust holds allocated London Good Delivery gold bars and London Silver Fix silver bars in secure vaults, offering a transparent alternative to traditional equity- or futures-based precious metals vehicles. Each trust unit represents a proportional interest in the bullion holdings, and investors gain ownership of the underlying metal without assuming the logistics of purchase, storage, or insurance.

To maintain its inventory, the trust purchases bullion through approved bullion dealers and London bullion market participants.

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