Cambridge Investment Research Advisors Inc. Lowers Stock Holdings in Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF)

Cambridge Investment Research Advisors Inc. reduced its position in shares of Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) by 11.8% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 470,454 shares of the company’s stock after selling 63,054 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in Sprott Physical Gold and Silver Trust were worth $13,366,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Midwest Financial Group LLC boosted its holdings in Sprott Physical Gold and Silver Trust by 10.7% in the first quarter. Midwest Financial Group LLC now owns 12,880 shares of the company’s stock valued at $366,000 after purchasing an additional 1,250 shares during the period. Petra Financial Advisors Inc. acquired a new stake in shares of Sprott Physical Gold and Silver Trust during the first quarter worth about $275,000. Private Wealth Partners LLC acquired a new position in Sprott Physical Gold and Silver Trust in the 1st quarter valued at about $256,000. Blue Trust Inc. increased its position in Sprott Physical Gold and Silver Trust by 8,877.3% in the 1st quarter. Blue Trust Inc. now owns 26,932 shares of the company’s stock valued at $765,000 after acquiring an additional 26,632 shares during the period. Finally, CLG LLC increased its position in Sprott Physical Gold and Silver Trust by 5.7% in the 1st quarter. CLG LLC now owns 14,237 shares of the company’s stock valued at $404,000 after acquiring an additional 770 shares during the period.

Sprott Physical Gold and Silver Trust Stock Performance

Shares of CEF stock opened at $30.12 on Wednesday. Sprott Physical Gold and Silver Trust has a 52-week low of $21.63 and a 52-week high of $31.03. The stock’s 50-day moving average price is $29.54 and its 200 day moving average price is $26.89.

Sprott Physical Gold and Silver Trust Company Profile

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.