Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) Sets New 12-Month High - Here's What Happened

Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF - Get Free Report) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $31.51 and last traded at $31.50, with a volume of 173342 shares trading hands. The stock had previously closed at $30.95.

Sprott Physical Gold and Silver Trust Trading Up 1.7%

The business's 50 day moving average is $29.98 and its 200 day moving average is $27.56.

Hedge Funds Weigh In On Sprott Physical Gold and Silver Trust

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. CENTRAL TRUST Co lifted its position in shares of Sprott Physical Gold and Silver Trust by 0.3% during the 1st quarter. CENTRAL TRUST Co now owns 7,905,385 shares of the company's stock worth $224,592,000 after buying an additional 23,904 shares during the last quarter. Bleakley Financial Group LLC increased its holdings in shares of Sprott Physical Gold and Silver Trust by 1.8% in the 1st quarter. Bleakley Financial Group LLC now owns 5,419,074 shares of the company's stock valued at $153,956,000 after acquiring an additional 95,731 shares during the period. Kingstone Capital Partners Texas LLC acquired a new position in shares of Sprott Physical Gold and Silver Trust in the 2nd quarter valued at $114,726,000. Royal Bank of Canada increased its stake in Sprott Physical Gold and Silver Trust by 3.9% in the 1st quarter. Royal Bank of Canada now owns 3,588,641 shares of the company's stock valued at $101,953,000 after buying an additional 134,736 shares during the period. Finally, Demars Financial Group LLC grew its stake in shares of Sprott Physical Gold and Silver Trust by 21.3% during the 1st quarter. Demars Financial Group LLC now owns 2,425,734 shares of the company's stock worth $68,915,000 after purchasing an additional 425,896 shares during the period.

About Sprott Physical Gold and Silver Trust

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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