Camelot Technology Advisors Inc. Boosts Stake in Sprott Physical Gold and Silver Trust $CEF

Camelot Technology Advisors Inc. raised its stake in Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) by 50.5% in the fourth quarter, HoldingsChannel.com reports. The fund owned 34,479 shares of the company’s stock after purchasing an additional 11,572 shares during the quarter. Sprott Physical Gold and Silver Trust comprises approximately 1.2% of Camelot Technology Advisors Inc.’s portfolio, making the stock its 21st biggest position. Camelot Technology Advisors Inc.’s holdings in Sprott Physical Gold and Silver Trust were worth $1,579,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in CEF. Bessemer Group Inc. purchased a new stake in shares of Sprott Physical Gold and Silver Trust during the third quarter worth about $28,000. Assetmark Inc. boosted its position in Sprott Physical Gold and Silver Trust by 602.5% during the third quarter. Assetmark Inc. now owns 843 shares of the company’s stock worth $31,000 after acquiring an additional 723 shares during the last quarter. Private Trust Co. NA purchased a new stake in Sprott Physical Gold and Silver Trust in the 3rd quarter worth approximately $65,000. Chapman Financial Group LLC acquired a new position in Sprott Physical Gold and Silver Trust in the 2nd quarter valued at $84,000. Finally, GAMMA Investing LLC raised its holdings in Sprott Physical Gold and Silver Trust by 33.6% in the 3rd quarter. GAMMA Investing LLC now owns 2,671 shares of the company’s stock valued at $98,000 after acquiring an additional 671 shares during the last quarter.

Sprott Physical Gold and Silver Trust Price Performance

Shares of Sprott Physical Gold and Silver Trust stock opened at $45.29 on Friday. Sprott Physical Gold and Silver Trust has a fifty-two week low of $26.01 and a fifty-two week high of $61.38. The business’s fifty day moving average is $51.66 and its two-hundred day moving average is $44.52.

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.