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Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) Sets New 52-Week High - Should You Buy?

Sprott Physical Gold and Silver Trust logo with Miscellaneous background

Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF - Get Free Report) shares hit a new 52-week high on Thursday . The stock traded as high as $30.51 and last traded at $30.14, with a volume of 549039 shares changing hands. The stock had previously closed at $29.99.

Sprott Physical Gold and Silver Trust Price Performance

The business's fifty day moving average is $28.82 and its two-hundred day moving average is $26.42.

Hedge Funds Weigh In On Sprott Physical Gold and Silver Trust

Hedge funds have recently bought and sold shares of the business. Demars Financial Group LLC boosted its stake in shares of Sprott Physical Gold and Silver Trust by 2,039.4% in the 4th quarter. Demars Financial Group LLC now owns 1,999,838 shares of the company's stock worth $47,516,000 after buying an additional 1,906,362 shares during the last quarter. Bluefin Capital Management LLC purchased a new position in Sprott Physical Gold and Silver Trust in the first quarter worth about $37,797,000. Raymond James Financial Inc. purchased a new position in Sprott Physical Gold and Silver Trust in the fourth quarter worth about $28,089,000. Inlight Wealth Management LLC bought a new stake in shares of Sprott Physical Gold and Silver Trust during the 4th quarter valued at about $10,803,000. Finally, Matauro LLC purchased a new stake in shares of Sprott Physical Gold and Silver Trust during the 4th quarter valued at about $8,473,000.

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.

Further Reading

Should You Invest $1,000 in Sprott Physical Gold and Silver Trust Right Now?

Before you consider Sprott Physical Gold and Silver Trust, you'll want to hear this.

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