Titiun Yejiel Makes New Investment in Sprott Physical Gold and Silver Trust $CEF

Key Points

• Titiun Yejiel bought 50,000 shares of Sprott Physical Gold and Silver Trust in the second quarter, worth approximately $2.01 million and representing about 1.7% of its portfolio.
• Several other institutional investors increased their CEF holdings, including Jane Street Group, which raised its stake by 51.8%, and Ameriprise Financial, which increased its position by 25.2%.
• CEF opened at $44.53, compared with a 52-week range of $30.58 to $61.38. The trust provides direct exposure to physical gold and silver bullion held in secure vaults.

Titiun Yejiel purchased a new stake in shares of Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF - Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 50,000 shares of the company's stock, valued at approximately $2,012,000. Sprott Physical Gold and Silver Trust accounts for about 1.7% of Titiun Yejiel's portfolio, making the stock its 23rd biggest position.

A number of other hedge funds have also recently made changes to their positions in CEF. NewEdge Advisors LLC raised its stake in Sprott Physical Gold and Silver Trust by 10.5% during the 1st quarter. NewEdge Advisors LLC now owns 7,842 shares of the company's stock valued at $223,000 after purchasing an additional 744 shares during the period. M&T Bank Corp bought a new position in Sprott Physical Gold and Silver Trust in the 2nd quarter worth approximately $220,000. Cerity Partners LLC boosted its stake in Sprott Physical Gold and Silver Trust by 2.5% in the 2nd quarter. Cerity Partners LLC now owns 20,281 shares of the company's stock worth $610,000 after purchasing an additional 500 shares during the period. Jane Street Group LLC grew its holdings in Sprott Physical Gold and Silver Trust by 51.8% during the 2nd quarter. Jane Street Group LLC now owns 555,963 shares of the company's stock valued at $16,734,000 after buying an additional 189,669 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its holdings in Sprott Physical Gold and Silver Trust by 25.2% during the 2nd quarter. Ameriprise Financial Inc. now owns 787,541 shares of the company's stock valued at $23,700,000 after buying an additional 158,687 shares in the last quarter.

Sprott Physical Gold and Silver Trust Stock Performance

Sprott Physical Gold and Silver Trust stock opened at $44.53 on Monday. Sprott Physical Gold and Silver Trust has a 1 year low of $30.58 and a 1 year high of $61.38. The firm's 50 day moving average price is $41.63 and its 200-day moving average price is $46.81.

Sprott Physical Gold and Silver Trust Profile

The Sprott Physical Gold and Silver Trust NYSEAMERICAN: CEF is a closed-end investment trust that provides investors with direct exposure to physical gold and silver bullion. Established in 2019 and sponsored by Sprott Asset Management, the trust holds allocated London Good Delivery gold bars and London Silver Fix silver bars in secure vaults, offering a transparent alternative to traditional equity- or futures-based precious metals vehicles. Each trust unit represents a proportional interest in the bullion holdings, and investors gain ownership of the underlying metal without assuming the logistics of purchase, storage, or insurance.

To maintain its inventory, the trust purchases bullion through approved bullion dealers and London bullion market participants.

Want to see what other hedge funds are holding CEF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF - Free Report).

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