Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) Sees Large Volume Increase

Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEFGet Free Report) saw unusually-high trading volume on Tuesday . Approximately 206,432 shares traded hands during mid-day trading, a decline of 50% from the previous session’s volume of 415,225 shares.The stock last traded at $20.79 and had previously closed at $20.52.

Sprott Physical Gold and Silver Trust Price Performance

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Bluefin Capital Management LLC acquired a new stake in Sprott Physical Gold and Silver Trust during the third quarter worth approximately $12,808,000. Morgan Stanley raised its stake in shares of Sprott Physical Gold and Silver Trust by 18.4% in the 4th quarter. Morgan Stanley now owns 2,497,512 shares of the company’s stock valued at $44,780,000 after acquiring an additional 388,071 shares during the period. Jane Street Group LLC lifted its holdings in shares of Sprott Physical Gold and Silver Trust by 530.2% during the 2nd quarter. Jane Street Group LLC now owns 259,143 shares of the company’s stock valued at $4,359,000 after acquiring an additional 218,025 shares in the last quarter. Royal Bank of Canada boosted its position in Sprott Physical Gold and Silver Trust by 5.1% during the 2nd quarter. Royal Bank of Canada now owns 3,730,703 shares of the company’s stock worth $67,227,000 after purchasing an additional 181,766 shares during the period. Finally, City of London Investment Management Co. Ltd. acquired a new stake in Sprott Physical Gold and Silver Trust in the 1st quarter valued at $3,103,000.

About Sprott Physical Gold and Silver Trust

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Sprott Physical Gold & Silver Trust operates as a closed-ended investment fund/investment trust. The company was founded on October 26, 2017 and is headquartered in Toronto, Canada.

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