Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) Shares Purchased by LPL Financial LLC

Key Points

• LPL Financial LLC increased its investment in Sprott Physical Gold and Silver Trust by 14.1%, owning approximately $18.57 million in shares after acquiring an additional 80,666 shares in the first quarter.
• Multiple institutional investors have adjusted their positions, with JPMorgan Chase & Co. boosting its stake by 128.1% in the fourth quarter, now holding shares valued at $10.19 million.
• As of mid-day trading, Sprott Physical Gold and Silver Trust shares rose by 0.1% to $31.10, showcasing a trading volume significantly higher than its average.

LPL Financial LLC lifted its position in shares of Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF - Free Report) by 14.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 653,764 shares of the company's stock after buying an additional 80,666 shares during the quarter. LPL Financial LLC owned approximately 0.30% of Sprott Physical Gold and Silver Trust worth $18,573,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in CEF. GAMMA Investing LLC raised its stake in Sprott Physical Gold and Silver Trust by 2,741.0% in the first quarter. GAMMA Investing LLC now owns 56,820 shares of the company's stock valued at $1,614,000 after buying an additional 54,820 shares during the last quarter. Simplicity Wealth LLC increased its holdings in shares of Sprott Physical Gold and Silver Trust by 95.1% during the first quarter. Simplicity Wealth LLC now owns 93,006 shares of the company's stock valued at $2,642,000 after acquiring an additional 45,346 shares in the last quarter. Petra Financial Advisors Inc. purchased a new position in shares of Sprott Physical Gold and Silver Trust in the 1st quarter valued at approximately $275,000. Wealth Enhancement Advisory Services LLC boosted its stake in Sprott Physical Gold and Silver Trust by 47.6% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 212,738 shares of the company's stock worth $6,044,000 after purchasing an additional 68,609 shares in the last quarter. Finally, Mission Wealth Management LP purchased a new stake in Sprott Physical Gold and Silver Trust during the 1st quarter worth approximately $325,000.

Sprott Physical Gold and Silver Trust Stock Up 0.1%

CEF stock traded up $0.03 during trading on Friday, hitting $31.45. 637,470 shares of the company traded hands, compared to its average volume of 631,209. Sprott Physical Gold and Silver Trust has a 1 year low of $22.14 and a 1 year high of $31.80. The stock's 50-day simple moving average is $30.56 and its 200 day simple moving average is $28.20.

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.