Sprott Physical Gold and Silver Trust $CEF Stake Lowered by Inlight Wealth Management LLC

Key Points

• Inlight Wealth Management LLC has reduced its stake in Sprott Physical Gold and Silver Trust by 2.6%, now owning 402,557 shares, which accounts for 3.1% of its investment portfolio.
• Other institutional investors, such as Belpointe Asset Management LLC, have increased their holdings significantly, with Belpointe boosting its stake by 44.8% during the same quarter.
• Sprott Physical Gold and Silver Trust stock rose 1.4%, trading at $37.23, with a 1-year range between $23.53 and $37.35.

Inlight Wealth Management LLC lessened its stake in Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF - Free Report) by 2.6% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 402,557 shares of the company's stock after selling 10,738 shares during the quarter. Sprott Physical Gold and Silver Trust accounts for 3.1% of Inlight Wealth Management LLC's investment portfolio, making the stock its 7th largest position. Inlight Wealth Management LLC owned approximately 0.19% of Sprott Physical Gold and Silver Trust worth $12,117,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Belpointe Asset Management LLC boosted its holdings in Sprott Physical Gold and Silver Trust by 44.8% during the second quarter. Belpointe Asset Management LLC now owns 147,821 shares of the company's stock worth $4,449,000 after buying an additional 45,766 shares in the last quarter. Wealthcare Advisory Partners LLC lifted its position in shares of Sprott Physical Gold and Silver Trust by 13.8% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 67,252 shares of the company's stock valued at $2,024,000 after acquiring an additional 8,149 shares during the period. Midwest Financial Group LLC boosted its stake in shares of Sprott Physical Gold and Silver Trust by 7.0% during the 2nd quarter. Midwest Financial Group LLC now owns 13,788 shares of the company's stock worth $415,000 after acquiring an additional 908 shares in the last quarter. Truist Financial Corp grew its holdings in shares of Sprott Physical Gold and Silver Trust by 10.4% in the 2nd quarter. Truist Financial Corp now owns 42,564 shares of the company's stock worth $1,281,000 after acquiring an additional 4,000 shares during the period. Finally, Chicago Capital LLC increased its stake in Sprott Physical Gold and Silver Trust by 1.0% in the 2nd quarter. Chicago Capital LLC now owns 155,365 shares of the company's stock valued at $4,676,000 after purchasing an additional 1,500 shares in the last quarter.

Sprott Physical Gold and Silver Trust Stock Up 1.4%

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

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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