Beaumont Financial Advisors LLC Sells 21,819 Shares of Sprott Physical Gold and Silver Trust $CEF

Beaumont Financial Advisors LLC cut its stake in Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) by 3.7% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 564,984 shares of the company’s stock after selling 21,819 shares during the period. Sprott Physical Gold and Silver Trust comprises approximately 1.9% of Beaumont Financial Advisors LLC’s portfolio, making the stock its 14th largest position. Beaumont Financial Advisors LLC owned about 0.26% of Sprott Physical Gold and Silver Trust worth $26,961,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in CEF. Litman Gregory Wealth Management LLC bought a new position in Sprott Physical Gold and Silver Trust during the fourth quarter valued at approximately $30,000. Halbert Hargrove Global Advisors LLC purchased a new position in shares of Sprott Physical Gold and Silver Trust during the fourth quarter worth approximately $46,000. Bard Associates Inc. bought a new stake in shares of Sprott Physical Gold and Silver Trust in the 4th quarter worth approximately $69,000. Sound Income Strategies LLC lifted its holdings in shares of Sprott Physical Gold and Silver Trust by 93.7% in the 1st quarter. Sound Income Strategies LLC now owns 1,439 shares of the company’s stock worth $70,000 after acquiring an additional 696 shares during the last quarter. Finally, Contravisory Investment Management Inc. purchased a new stake in shares of Sprott Physical Gold and Silver Trust in the 1st quarter valued at $74,000.

Sprott Physical Gold and Silver Trust Stock Down 0.7%

CEF stock opened at $40.04 on Thursday. The firm’s fifty day moving average is $44.56 and its 200 day moving average is $48.20. Sprott Physical Gold and Silver Trust has a 52 week low of $30.02 and a 52 week high of $61.38.

Sprott Physical Gold and Silver Trust 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.