Sprott Physical Gold and Silver Trust $CEF Shares Sold by Andina Capital Management LLC

Andina Capital Management LLC lowered its stake in shares of Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) by 48.4% in the first quarter, HoldingsChannel reports. The fund owned 19,509 shares of the company’s stock after selling 18,289 shares during the quarter. Andina Capital Management LLC’s holdings in Sprott Physical Gold and Silver Trust were worth $931,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the stock. Litman Gregory Wealth Management LLC purchased a new stake in Sprott Physical Gold and Silver Trust in the fourth quarter valued at approximately $30,000. Assetmark Inc. raised its stake 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 purchasing 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 worth approximately $46,000. Bard Associates Inc. acquired a new position in shares of Sprott Physical Gold and Silver Trust in the 4th quarter valued at $69,000. Finally, Laurel Wealth Advisors LLC acquired a new position in shares of Sprott Physical Gold and Silver Trust in the 4th quarter valued at $78,000.

Sprott Physical Gold and Silver Trust Price Performance

Shares of NYSEAMERICAN CEF opened at $41.32 on Wednesday. The firm has a fifty day moving average of $47.15 and a 200-day moving average of $48.61. Sprott Physical Gold and Silver Trust has a 52-week low of $29.69 and a 52-week high of $61.38.

About Sprott Physical Gold and Silver Trust

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.