Harbour Investments Inc. Acquires 10,831 Shares of Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF)

Key Points

• Harbour Investments Inc. increased its stake in Sprott Physical Gold and Silver Trust by 204.2%, now holding 16,135 shares valued at approximately $458,000.
• Other institutional investors, such as Chapman Financial Group LLC and Coastline Trust Co, have also made significant investments or increases in their positions in the trust.
• The stock of Sprott Physical Gold and Silver Trust is currently trading at $31.08, with a 52-week range between $21.70 and $31.80.

Harbour Investments Inc. raised its holdings in Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF - Free Report) by 204.2% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 16,135 shares of the company's stock after buying an additional 10,831 shares during the period. Harbour Investments Inc.'s holdings in Sprott Physical Gold and Silver Trust were worth $458,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in CEF. Chapman Financial Group LLC acquired a new stake in Sprott Physical Gold and Silver Trust in the 4th quarter worth about $67,000. Coastline Trust Co increased its holdings 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 during the period. Elequin Capital LP acquired a new stake in shares of Sprott Physical Gold and Silver Trust in the fourth quarter valued at approximately $168,000. Hemenway Trust Co LLC bought a new stake in shares of Sprott Physical Gold and Silver Trust in the first quarter valued at approximately $203,000. Finally, Cutter & CO Brokerage Inc. bought a new stake in shares of Sprott Physical Gold and Silver Trust in the first quarter valued at approximately $209,000.

Sprott Physical Gold and Silver Trust Stock Performance

NYSEAMERICAN:CEF traded up $0.02 during mid-day trading on Wednesday, reaching $31.10. The stock had a trading volume of 1,009,614 shares, compared to its average volume of 630,751. Sprott Physical Gold and Silver Trust has a 12 month low of $21.70 and a 12 month high of $31.80. The stock has a 50-day simple moving average of $30.47 and a two-hundred day simple moving average of $28.11.

Sprott Physical Gold and Silver Trust Company 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.