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Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) Reaches New 12-Month High - Here's Why

Sprott Physical Gold and Silver Trust logo with Miscellaneous background

Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF - Get Free Report)'s stock price reached a new 52-week high during trading on Wednesday . The stock traded as high as $30.18 and last traded at $29.53, with a volume of 1615591 shares changing hands. The stock had previously closed at $30.02.

Sprott Physical Gold and Silver Trust Price Performance

The business has a 50 day moving average of $27.68 and a 200 day moving average of $25.72.

Institutional Trading of Sprott Physical Gold and Silver Trust

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. CENTRAL TRUST Co boosted its stake in shares of Sprott Physical Gold and Silver Trust by 0.3% in the 1st quarter. CENTRAL TRUST Co now owns 7,905,385 shares of the company's stock valued at $224,592,000 after purchasing an additional 23,904 shares in the last quarter. Royal Bank of Canada lifted its holdings in Sprott Physical Gold and Silver Trust by 2.8% during the 4th quarter. Royal Bank of Canada now owns 3,453,905 shares of the company's stock valued at $82,065,000 after purchasing an additional 93,522 shares during the last quarter. Demars Financial Group LLC boosted its position in Sprott Physical Gold and Silver Trust by 21.3% in the first quarter. Demars Financial Group LLC now owns 2,425,734 shares of the company's stock valued at $68,915,000 after buying an additional 425,896 shares in the last quarter. Baird Financial Group Inc. grew its stake in Sprott Physical Gold and Silver Trust by 2.8% during the fourth quarter. Baird Financial Group Inc. now owns 1,378,907 shares of the company's stock worth $32,763,000 after buying an additional 37,604 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new stake in Sprott Physical Gold and Silver Trust during the fourth quarter worth about $28,089,000.

Sprott Physical Gold and Silver Trust Company Profile

(Get 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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