Sunbeam Capital Management LLC raised its position in Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF - Free Report) by 94.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 47,152 shares of the company's stock after purchasing an additional 22,917 shares during the quarter. Sprott Physical Gold and Silver Trust accounts for approximately 1.1% of Sunbeam Capital Management LLC's holdings, making the stock its 21st biggest holding. Sunbeam Capital Management LLC's holdings in Sprott Physical Gold and Silver Trust were worth $1,419,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in CEF. Kingstone Capital Partners Texas LLC purchased a new stake in Sprott Physical Gold and Silver Trust in the 2nd quarter worth about $114,726,000. Bluefin Capital Management LLC purchased a new stake in Sprott Physical Gold and Silver Trust in the 1st quarter valued at about $37,797,000. Demars Financial Group LLC grew its stake in Sprott Physical Gold and Silver Trust by 21.3% in the 1st quarter. Demars Financial Group LLC now owns 2,425,734 shares of the company's stock worth $68,915,000 after acquiring an additional 425,896 shares in the last quarter. Arkadios Wealth Advisors bought a new position in Sprott Physical Gold and Silver Trust in the 1st quarter worth about $7,436,000. Finally, Jupiter Asset Management Ltd. increased its position in shares of Sprott Physical Gold and Silver Trust by 11.7% during the first quarter. Jupiter Asset Management Ltd. now owns 2,377,960 shares of the company's stock worth $67,466,000 after acquiring an additional 248,489 shares during the period.
Sprott Physical Gold and Silver Trust Trading Up 1.7%
Shares of NYSEAMERICAN CEF opened at $37.85 on Tuesday. The stock has a 50 day moving average price of $33.03 and a 200 day moving average price of $30.70. Sprott Physical Gold and Silver Trust has a 52-week low of $23.53 and a 52-week high of $38.01.
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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