Columbia Advisory Partners LLC Cuts Holdings in Sprott Physical Gold and Silver Trust $CEF

Columbia Advisory Partners LLC lowered its stake in Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEFFree Report) by 22.9% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 65,766 shares of the company’s stock after selling 19,559 shares during the period. Sprott Physical Gold and Silver Trust comprises 2.0% of Columbia Advisory Partners LLC’s investment portfolio, making the stock its 13th biggest position. Columbia Advisory Partners LLC’s holdings in Sprott Physical Gold and Silver Trust were worth $3,138,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also made changes to their positions in the company. JPMorgan Chase & Co. raised its holdings in Sprott Physical Gold and Silver Trust by 13.1% in the third quarter. JPMorgan Chase & Co. now owns 528,754 shares of the company’s stock valued at $19,400,000 after acquiring an additional 61,063 shares in the last quarter. Concurrent Investment Advisors LLC grew its holdings in 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 in the last quarter. Financial Planning Navigators CORP acquired a new position in Sprott Physical Gold and Silver Trust during the 4th quarter worth approximately $4,927,000. IFP Advisors Inc increased its position in shares of Sprott Physical Gold and Silver Trust by 84.2% in the 3rd quarter. IFP Advisors Inc now owns 198,499 shares of the company’s stock valued at $7,283,000 after purchasing an additional 90,720 shares during the last quarter. Finally, Verity Asset Management Inc. purchased a new stake in shares of Sprott Physical Gold and Silver Trust in the 4th quarter valued at approximately $594,000.

Sprott Physical Gold and Silver Trust Stock Performance

Shares of CEF opened at $40.23 on Wednesday. Sprott Physical Gold and Silver Trust has a twelve month low of $30.02 and a twelve month high of $61.38. The firm’s fifty day simple moving average is $46.18 and its 200-day simple moving average is $48.54.

Sprott Physical Gold and Silver Trust Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF)

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