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

Shares of Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) reached a new 52-week high during trading on Tuesday . The stock traded as high as $27.83 and last traded at $27.81, with a volume of 716928 shares traded. The stock had previously closed at $27.66.

Sprott Physical Gold and Silver Trust Stock Performance

The company’s fifty day moving average price is $25.83.

Institutional Trading of Sprott Physical Gold and Silver Trust

Several hedge funds have recently modified their holdings of the business. CENTRAL TRUST Co raised its position in Sprott Physical Gold and Silver Trust by 0.7% in the fourth quarter. CENTRAL TRUST Co now owns 7,881,481 shares of the company’s stock worth $187,264,000 after acquiring an additional 52,369 shares in the last quarter. Royal Bank of Canada grew its stake in shares of Sprott Physical Gold and Silver Trust by 2.8% during the 4th quarter. Royal Bank of Canada now owns 3,453,905 shares of the company’s stock worth $82,065,000 after purchasing an additional 93,522 shares during the period. Demars Financial Group LLC increased its holdings in shares of Sprott Physical Gold and Silver Trust by 2,039.4% in the 4th quarter. Demars Financial Group LLC now owns 1,999,838 shares of the company’s stock valued at $47,516,000 after purchasing an additional 1,906,362 shares in the last quarter. Baird Financial Group Inc. lifted its stake in shares of Sprott Physical Gold and Silver Trust by 2.8% in the fourth quarter. Baird Financial Group Inc. now owns 1,378,907 shares of the company’s stock valued at $32,763,000 after purchasing an additional 37,604 shares during the period. Finally, Raymond James Financial Inc. purchased a new stake in Sprott Physical Gold and Silver Trust during the fourth quarter worth about $28,089,000.

About Sprott Physical Gold and Silver Trust

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.