Cornerstone Wealth Management LLC Increases Stock Position in Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF)

Cornerstone Wealth Management LLC lifted its holdings in Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) by 2.0% in the second quarter, according to the company in its most recent filing with the SEC. The fund owned 53,938 shares of the company’s stock after acquiring an additional 1,074 shares during the quarter. Cornerstone Wealth Management LLC’s holdings in Sprott Physical Gold and Silver Trust were worth $712,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Capital Wealth Planning LLC bought a new stake in Sprott Physical Gold and Silver Trust in the second quarter valued at approximately $147,000. Advisory Services Network LLC boosted its position in Sprott Physical Gold and Silver Trust by 21.5% during the 2nd quarter. Advisory Services Network LLC now owns 36,627 shares of the company’s stock valued at $485,000 after buying an additional 6,484 shares during the period. Coastal Investment Advisors Inc. purchased a new stake in Sprott Physical Gold and Silver Trust during the 2nd quarter valued at $28,000. Merriman Wealth Management LLC grew its holdings in Sprott Physical Gold and Silver Trust by 861.9% in the 2nd quarter. Merriman Wealth Management LLC now owns 222,200 shares of the company’s stock worth $2,900,000 after acquiring an additional 199,100 shares during the last quarter. Finally, Advisor Group Inc. grew its holdings in Sprott Physical Gold and Silver Trust by 4.0% in the 2nd quarter. Advisor Group Inc. now owns 35,058 shares of the company’s stock worth $464,000 after acquiring an additional 1,337 shares during the last quarter.

Shares of CEF stock traded down $0.09 during mid-day trading on Tuesday, reaching $14.56. The stock had a trading volume of 576,359 shares, compared to its average volume of 527,769. Sprott Physical Gold and Silver Trust has a 52-week low of $11.37 and a 52-week high of $15.55.

Sprott Physical Gold and Silver Trust Company Profile

Sprott Physical Gold and Silver Trust, formerly Central Fund of Canada Limited (Central Fund) is an investment holding company. The Company’s investment objective is to provide a secure, convenient, low-cost, exchange tradable investment alternative for investors interested in holding an investment in gold and silver bullion for long-term appreciation.

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

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