Sprott Physical Gold and Silver Trust $CEF Shares Bought by Concurrent Investment Advisors LLC

Key Points

• Concurrent Investment Advisors LLC boosted its stake in Sprott Physical Gold and Silver Trust by 62.7% in Q3, owning 113,832 shares worth about $4.18 million (roughly 0.05% of the trust).
• Shares of CEF were trading up 3.9%, opened at $52.94 and sit near a 52-week high of $53.05 (52-week low $24.76), with 50- and 200-day simple moving averages of $43.53 and $37.17.
• The trust provides investors with direct exposure to physical gold and silver bullion (allocated London Good Delivery gold bars and London Silver Fix silver bars), allowing ownership of the metal without handling storage or insurance.

Concurrent Investment Advisors LLC raised its position in Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF - Free Report) by 62.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 113,832 shares of the company's stock after buying an additional 43,852 shares during the quarter. Concurrent Investment Advisors LLC owned approximately 0.05% of Sprott Physical Gold and Silver Trust worth $4,176,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of CEF. CWM LLC increased its holdings in shares of Sprott Physical Gold and Silver Trust by 139.0% in the 2nd quarter. CWM LLC now owns 956 shares of the company's stock valued at $29,000 after acquiring an additional 556 shares during the period. Thurston Springer Miller Herd & Titak Inc. purchased a new position in Sprott Physical Gold and Silver Trust during the 2nd quarter worth $42,000. Atlantic Union Bankshares Corp purchased a new position in Sprott Physical Gold and Silver Trust during the 2nd quarter worth $42,000. Advantage Trust Co increased its stake in Sprott Physical Gold and Silver Trust by 28.6% in the second quarter. Advantage Trust Co now owns 1,800 shares of the company's stock valued at $54,000 after purchasing an additional 400 shares during the period. Finally, Private Trust Co. NA purchased a new stake in shares of Sprott Physical Gold and Silver Trust in the third quarter valued at about $65,000.

Sprott Physical Gold and Silver Trust Trading Up 3.9%

Shares of CEF opened at $52.94 on Thursday. Sprott Physical Gold and Silver Trust has a fifty-two week low of $24.76 and a fifty-two week high of $53.05. The firm has a 50-day simple moving average of $43.53 and a 200-day simple moving average of $37.17.

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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