Accordant Advisory Group Inc Purchases 63,259 Shares of Sprott Physical Silver Trust (NYSEARCA:PSLV)

Accordant Advisory Group Inc lifted its stake in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 14.1% during the fourth quarter, HoldingsChannel reports. The fund owned 511,881 shares of the exchange traded fund’s stock after purchasing an additional 63,259 shares during the quarter. Sprott Physical Silver Trust comprises approximately 4.8% of Accordant Advisory Group Inc’s holdings, making the stock its 7th biggest position. Accordant Advisory Group Inc’s holdings in Sprott Physical Silver Trust were worth $4,940,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. First Horizon Advisors Inc. acquired a new position in shares of Sprott Physical Silver Trust in the third quarter worth $32,000. Eastern Bank acquired a new position in shares of Sprott Physical Silver Trust in the third quarter worth $45,000. ORG Wealth Partners LLC acquired a new position in shares of Sprott Physical Silver Trust in the third quarter worth $70,000. FNY Investment Advisers LLC acquired a new position in shares of Sprott Physical Silver Trust in the fourth quarter worth $80,000. Finally, Hara Capital LLC acquired a new position in shares of Sprott Physical Silver Trust in the third quarter worth $86,000.

Sprott Physical Silver Trust Trading Up 0.7 %

Shares of NYSEARCA:PSLV opened at $10.20 on Wednesday. Sprott Physical Silver Trust has a 1 year low of $7.40 and a 1 year high of $11.77. The firm has a fifty day moving average price of $10.16 and a 200 day moving average price of $10.24.

About Sprott Physical Silver Trust

Sprott Physical Silver Trust is a closed-end investment trust company, which engages in the provision of a secure, convenient, and exchange-traded investment alternative for investors interested in holding physical silver bullion without the inconvenience that is typical of a direct investment in physical silver bullion.