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HighTower Advisors LLC Lowers Stake in Sprott Physical Gold and Silver Trust $CEF

Sprott Physical Gold and Silver Trust logo with Miscellaneous background

Key Points

  • HighTower Advisors LLC cut its stake in Sprott Physical Gold and Silver Trust by 32.0% during the first quarter, now holding approximately 138,978 shares valued at $3,948,000.
  • Various other hedge funds have recently acquired stakes in Sprott Physical Gold and Silver Trust, including Atlas Capital Advisors Inc. and Hemenway Trust Co LLC.
  • Sprott Physical Gold and Silver Trust's stock increased by 1.2%, opening at $30.96, with a fifty-two week range between $22.68 and $31.80.
  • MarketBeat previews the top five stocks to own by October 1st.

HighTower Advisors LLC decreased its holdings in shares of Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF - Free Report) by 32.0% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 138,978 shares of the company's stock after selling 65,450 shares during the quarter. HighTower Advisors LLC owned 0.06% of Sprott Physical Gold and Silver Trust worth $3,948,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of CEF. Rockefeller Capital Management L.P. grew its stake in shares of Sprott Physical Gold and Silver Trust by 5.9% during the fourth quarter. Rockefeller Capital Management L.P. now owns 19,590 shares of the company's stock valued at $465,000 after buying an additional 1,090 shares during the last quarter. MML Investors Services LLC grew its stake in shares of Sprott Physical Gold and Silver Trust by 22.5% during the fourth quarter. MML Investors Services LLC now owns 111,604 shares of the company's stock valued at $2,652,000 after buying an additional 20,486 shares during the last quarter. Stifel Financial Corp grew its stake in shares of Sprott Physical Gold and Silver Trust by 15.4% during the fourth quarter. Stifel Financial Corp now owns 193,746 shares of the company's stock valued at $4,603,000 after buying an additional 25,843 shares during the last quarter. Susquehanna International Group LLP grew its stake in shares of Sprott Physical Gold and Silver Trust by 1,154.4% during the fourth quarter. Susquehanna International Group LLP now owns 131,850 shares of the company's stock valued at $3,133,000 after buying an additional 121,339 shares during the last quarter. Finally, Cheviot Value Management LLC grew its stake in shares of Sprott Physical Gold and Silver Trust by 2.0% during the fourth quarter. Cheviot Value Management LLC now owns 715,807 shares of the company's stock valued at $17,008,000 after buying an additional 14,226 shares during the last quarter.

Sprott Physical Gold and Silver Trust Trading Up 0.5%

Shares of CEF traded up $0.15 during mid-day trading on Tuesday, reaching $31.47. 552,459 shares of the company's stock traded hands, compared to its average volume of 615,537. The stock's 50-day moving average is $30.78 and its two-hundred day moving average is $28.93. Sprott Physical Gold and Silver Trust has a 12 month low of $22.68 and a 12 month high of $31.80.

About Sprott Physical Gold and Silver Trust

(Free Report)

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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Institutional Ownership by Quarter for Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF)

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