Sprott Physical Silver Trust $PSLV Stake Lessened by Beaumont Financial Advisors LLC

Beaumont Financial Advisors LLC decreased its position in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) by 23.5% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 103,153 shares of the exchange traded fund’s stock after selling 31,725 shares during the period. Beaumont Financial Advisors LLC’s holdings in Sprott Physical Silver Trust were worth $2,516,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Pacific Wealth Management lifted its stake in Sprott Physical Silver Trust by 45.3% during the first quarter. Pacific Wealth Management now owns 21,843 shares of the exchange traded fund’s stock valued at $533,000 after purchasing an additional 6,809 shares during the last quarter. IMC Chicago LLC grew its holdings in shares of Sprott Physical Silver Trust by 5,217.0% in the 1st quarter. IMC Chicago LLC now owns 12,853,471 shares of the exchange traded fund’s stock worth $313,496,000 after acquiring an additional 12,611,729 shares during the last quarter. Providence Wealth Advisors LLC grew its holdings in shares of Sprott Physical Silver Trust by 16.8% in the 1st quarter. Providence Wealth Advisors LLC now owns 45,048 shares of the exchange traded fund’s stock worth $1,099,000 after acquiring an additional 6,485 shares during the last quarter. Flynn Zito Capital Management LLC raised its position in shares of Sprott Physical Silver Trust by 3.2% during the first quarter. Flynn Zito Capital Management LLC now owns 80,179 shares of the exchange traded fund’s stock worth $1,956,000 after purchasing an additional 2,475 shares during the period. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its position in shares of Sprott Physical Silver Trust by 61.0% during the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 21,380 shares of the exchange traded fund’s stock worth $521,000 after purchasing an additional 8,100 shares during the period.

Sprott Physical Silver Trust Stock Down 1.7%

PSLV stock opened at $18.53 on Thursday. Sprott Physical Silver Trust has a one year low of $12.32 and a one year high of $38.13. The firm has a 50-day moving average of $22.05 and a two-hundred day moving average of $24.88.

Sprott Physical Silver Trust Company 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.