Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) Reaches New 12-Month High – Still a Buy?

Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) hit a new 52-week high during trading on Tuesday . The company traded as high as $26.83 and last traded at $26.76, with a volume of 694135 shares. The stock had previously closed at $26.41.

Sprott Physical Gold and Silver Trust Stock Performance

Hedge Funds Weigh In On Sprott Physical Gold and Silver Trust

Several institutional investors and hedge funds have recently modified their holdings of the stock. D.A. Davidson & CO. boosted its position in Sprott Physical Gold and Silver Trust by 1.6% during the third quarter. D.A. Davidson & CO. now owns 29,985 shares of the company’s stock valued at $734,000 after purchasing an additional 465 shares during the last quarter. Spire Wealth Management lifted its holdings in shares of Sprott Physical Gold and Silver Trust by 0.5% during the 4th quarter. Spire Wealth Management now owns 107,369 shares of the company’s stock valued at $2,551,000 after buying an additional 520 shares during the last quarter. Harbour Investments Inc. grew its stake in shares of Sprott Physical Gold and Silver Trust by 11.1% in the 4th quarter. Harbour Investments Inc. now owns 5,304 shares of the company’s stock valued at $126,000 after buying an additional 530 shares in the last quarter. Rockport Wealth LLC grew its stake in shares of Sprott Physical Gold and Silver Trust by 0.8% in the 4th quarter. Rockport Wealth LLC now owns 64,657 shares of the company’s stock valued at $1,536,000 after buying an additional 540 shares in the last quarter. Finally, Perigon Wealth Management LLC increased its holdings in Sprott Physical Gold and Silver Trust by 6.6% in the fourth quarter. Perigon Wealth Management LLC now owns 8,882 shares of the company’s stock worth $224,000 after buying an additional 550 shares during the last quarter.

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.