Cwm LLC Raises Stock Holdings in Sprott Physical Gold and Silver Trust $CEF

Cwm LLC boosted its position in shares of Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) by 1,807.5% in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 18,236 shares of the company’s stock after acquiring an additional 17,280 shares during the quarter. Cwm LLC’s holdings in Sprott Physical Gold and Silver Trust were worth $669,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. Kingstone Capital Partners Texas LLC acquired a new stake in shares of Sprott Physical Gold and Silver Trust during the second quarter worth about $114,726,000. Jupiter Asset Management Ltd. raised its position in Sprott Physical Gold and Silver Trust by 15.2% during the 2nd quarter. Jupiter Asset Management Ltd. now owns 2,738,737 shares of the company’s stock worth $82,348,000 after buying an additional 360,777 shares during the last quarter. Ameriprise Financial Inc. lifted its stake 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 acquiring an additional 158,687 shares during the period. 3EDGE Asset Management LP lifted its stake in Sprott Physical Gold and Silver Trust by 46.4% during the 2nd quarter. 3EDGE Asset Management LP now owns 589,317 shares of the company’s stock valued at $17,568,000 after acquiring an additional 186,745 shares during the period. Finally, Beaumont Financial Advisors LLC boosted its holdings in shares of Sprott Physical Gold and Silver Trust by 9.1% in the 2nd quarter. Beaumont Financial Advisors LLC now owns 584,808 shares of the company’s stock valued at $17,603,000 after acquiring an additional 49,015 shares during the last quarter.

Sprott Physical Gold and Silver Trust Trading Down 2.0%

NYSEAMERICAN:CEF opened at $48.50 on Thursday. The company’s fifty day moving average price is $42.22 and its 200-day moving average price is $36.47. Sprott Physical Gold and Silver Trust has a 1-year low of $24.43 and a 1-year high of $49.56.

Sprott Physical Gold and Silver Trust Company 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.