Alchemi Wealth LLC Purchases New Position in Sprott Physical Gold and Silver Trust $CEF

Alchemi Wealth LLC purchased a new stake in shares of Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 28,505 shares of the company’s stock, valued at approximately $1,306,000. Sprott Physical Gold and Silver Trust comprises approximately 0.7% of Alchemi Wealth LLC’s holdings, making the stock its 27th largest position.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in CEF. Bleakley Financial Group LLC lifted its stake in shares of Sprott Physical Gold and Silver Trust by 3.2% in the 3rd quarter. Bleakley Financial Group LLC now owns 5,218,691 shares of the company’s stock valued at $191,474,000 after purchasing an additional 159,812 shares during the last quarter. TIAA Trust National Association lifted its stake in shares of Sprott Physical Gold and Silver Trust by 10.5% during the 3rd quarter. TIAA Trust National Association now owns 400,125 shares of the company’s stock worth $14,681,000 after acquiring an additional 38,090 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in shares of Sprott Physical Gold and Silver Trust by 13.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 528,754 shares of the company’s stock worth $19,400,000 after acquiring an additional 61,063 shares during the last quarter. Concurrent Investment Advisors LLC lifted its stake in shares of Sprott Physical Gold and Silver Trust by 79.9% during the 4th quarter. Concurrent Investment Advisors LLC now owns 204,833 shares of the company’s stock worth $9,381,000 after acquiring an additional 91,001 shares during the last quarter. Finally, Jupiter Asset Management Ltd. lifted its stake in shares of Sprott Physical Gold and Silver Trust by 29.7% during the 3rd quarter. Jupiter Asset Management Ltd. now owns 3,551,434 shares of the company’s stock worth $130,112,000 after acquiring an additional 812,697 shares during the last quarter.

Sprott Physical Gold and Silver Trust Price Performance

Shares of CEF stock opened at $43.55 on Friday. Sprott Physical Gold and Silver Trust has a 52-week low of $29.69 and a 52-week high of $61.38. The stock has a 50 day moving average price of $47.72 and a 200 day moving average price of $48.43.

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.