Sprott Physical Gold and Silver Trust $CEF Shares Sold by Simplicity Wealth LLC

Key Points

• Simplicity Wealth LLC reduced its stake in Sprott Physical Gold and Silver Trust by 20.1%, selling 18,728 shares in the second quarter to hold 74,278 shares valued at approximately $2,236,000.
• Other hedge funds such as Fermata Advisors LLC and Atria Wealth Solutions Inc. have increased their positions in the trust, showcasing a mixed sentiment among institutional investors.
• The current stock price of Sprott Physical Gold and Silver Trust is $37.23, with a 1-year high of $37.35 and a low of $23.53, indicating its volatility in the past year.

Simplicity Wealth LLC lowered its position in shares of Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF - Free Report) by 20.1% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 74,278 shares of the company's stock after selling 18,728 shares during the quarter. Simplicity Wealth LLC's holdings in Sprott Physical Gold and Silver Trust were worth $2,236,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Fermata Advisors LLC increased its position in shares of Sprott Physical Gold and Silver Trust by 3.9% in the second quarter. Fermata Advisors LLC now owns 12,183 shares of the company's stock worth $367,000 after acquiring an additional 454 shares in the last quarter. Atria Wealth Solutions Inc. increased its holdings in Sprott Physical Gold and Silver Trust by 1.3% in the 1st 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 in the last quarter. Latitude Advisors LLC raised its position in Sprott Physical Gold and Silver Trust by 5.3% in the first quarter. Latitude Advisors LLC now owns 11,505 shares of the company's stock valued at $327,000 after purchasing an additional 580 shares during the period. Coastline Trust Co lifted its stake in shares of Sprott Physical Gold and Silver Trust by 35.6% during the first quarter. Coastline Trust Co now owns 2,385 shares of the company's stock worth $68,000 after purchasing an additional 626 shares in the last quarter. Finally, Strategic Financial Concepts LLC boosted its position in shares of Sprott Physical Gold and Silver Trust by 2.7% in the first quarter. Strategic Financial Concepts LLC now owns 24,535 shares of the company's stock worth $657,000 after buying an additional 641 shares during the period.

Sprott Physical Gold and Silver Trust Trading Up 1.4%

CEF stock opened at $37.23 on Monday. Sprott Physical Gold and Silver Trust has a 1 year low of $23.53 and a 1 year high of $37.35. The stock has a 50-day simple moving average of $32.89 and a 200-day simple moving average of $30.63.

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.

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