CENTRAL TRUST Co Decreases Holdings in Sprott Physical Gold and Silver Trust $CEF

CENTRAL TRUST Co lessened its stake in shares of Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) by 34.2% in the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 4,864,374 shares of the company’s stock after selling 2,527,077 shares during the period. Sprott Physical Gold and Silver Trust accounts for about 4.6% of CENTRAL TRUST Co’s investment portfolio, making the stock its 2nd biggest holding. CENTRAL TRUST Co owned approximately 2.26% of Sprott Physical Gold and Silver Trust worth $232,128,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of CEF. Litman Gregory Wealth Management LLC bought a new position in shares of Sprott Physical Gold and Silver Trust during the 4th quarter valued at approximately $30,000. Assetmark Inc. raised its stake in Sprott Physical Gold and Silver Trust by 602.5% during the 3rd quarter. Assetmark Inc. now owns 843 shares of the company’s stock worth $31,000 after acquiring an additional 723 shares during the period. Halbert Hargrove Global Advisors LLC purchased a new position in Sprott Physical Gold and Silver Trust during the fourth quarter valued at approximately $46,000. Bard Associates Inc. purchased a new position in Sprott Physical Gold and Silver Trust during the fourth quarter valued at approximately $69,000. Finally, Laurel Wealth Advisors LLC bought a new position in shares of Sprott Physical Gold and Silver Trust in the fourth quarter worth approximately $78,000.

Sprott Physical Gold and Silver Trust Price Performance

Shares of NYSEAMERICAN CEF opened at $41.32 on Wednesday. Sprott Physical Gold and Silver Trust has a 1 year low of $29.69 and a 1 year high of $61.38. The firm has a fifty day moving average price of $47.15 and a 200-day moving average price of $48.61.

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.