Brookstone Capital Management Has $7.94 Million Stake in Sprott Physical Gold and Silver Trust $CEF

Brookstone Capital Management lessened its stake in shares of Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) by 27.5% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 166,301 shares of the company’s stock after selling 62,979 shares during the quarter. Brookstone Capital Management owned about 0.08% of Sprott Physical Gold and Silver Trust worth $7,936,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in the stock. 3EDGE Asset Management LP bought a new stake in Sprott Physical Gold and Silver Trust during the fourth quarter worth approximately $26,268,000. Morgan Stanley lifted its stake in shares of Sprott Physical Gold and Silver Trust by 9.8% in the fourth quarter. Morgan Stanley now owns 5,627,038 shares of the company’s stock worth $257,718,000 after buying an additional 499,996 shares during the last quarter. Jane Street Group LLC lifted its stake in shares of Sprott Physical Gold and Silver Trust by 51.8% in the second quarter. Jane Street Group LLC now owns 555,963 shares of the company’s stock worth $16,734,000 after buying an additional 189,669 shares during the last quarter. Private Advisor Group LLC boosted its holdings in shares of Sprott Physical Gold and Silver Trust by 205.2% during the 4th quarter. Private Advisor Group LLC now owns 272,148 shares of the company’s stock worth $12,464,000 after buying an additional 182,969 shares during the period. Finally, Ameriprise Financial Inc. boosted its holdings in shares of 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 worth $23,700,000 after buying an additional 158,687 shares during the period.

Sprott Physical Gold and Silver Trust Trading Down 1.1%

NYSEAMERICAN:CEF opened at $42.80 on Tuesday. Sprott Physical Gold and Silver Trust has a 1 year low of $29.69 and a 1 year high of $61.38. The firm’s fifty day simple moving average is $47.30 and its 200 day simple moving average is $48.62.

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.