CENTRAL TRUST Co Lowers Position in Sprott Physical Silver Trust $PSLV

CENTRAL TRUST Co trimmed its holdings in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) by 25.2% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 387,683 shares of the exchange traded fund’s stock after selling 130,798 shares during the quarter. CENTRAL TRUST Co owned 0.06% of Sprott Physical Silver Trust worth $9,456,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. ORG Wealth Partners LLC purchased a new position in Sprott Physical Silver Trust during the fourth quarter worth about $25,000. Mcguire Capital Advisors Inc. acquired a new stake in shares of Sprott Physical Silver Trust during the fourth quarter valued at about $27,000. Purpose Unlimited Inc. acquired a new stake in shares of Sprott Physical Silver Trust during the fourth quarter valued at about $28,000. Strategic Advocates LLC purchased a new stake in shares of Sprott Physical Silver Trust in the 3rd quarter valued at approximately $29,000. Finally, Laurel Wealth Advisors LLC purchased a new stake in shares of Sprott Physical Silver Trust in the 4th quarter valued at approximately $31,000.

Sprott Physical Silver Trust Stock Performance

Shares of PSLV stock opened at $19.44 on Wednesday. The firm’s 50 day moving average price is $23.92 and its 200-day moving average price is $25.16. Sprott Physical Silver Trust has a one year low of $11.91 and a one year high of $38.13.

Sprott Physical Silver Trust Profile

Sprott Physical Silver Trust is a closed-end investment trust company, which engages in the provision of a secure, convenient, and exchange-traded investment alternative for investors interested in holding physical silver bullion without the inconvenience that is typical of a direct investment in physical silver bullion. The Trust invests and intends to continue to invest primarily in long-term holdings of unencumbered, fully allocated, physical silver bullion, and does not speculate with regard to short-term changes in silver prices.