Summit Financial LLC Takes Position in Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF)

Summit Financial LLC purchased a new stake in shares of Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) during the 4th quarter, Holdings Channel reports. The fund purchased 8,500 shares of the company’s stock, valued at approximately $202,000.

Other hedge funds have also added to or reduced their stakes in the company. Laurel Wealth Advisors LLC bought a new position in Sprott Physical Gold and Silver Trust in the fourth quarter valued at approximately $52,000. Duncker Streett & Co. Inc. acquired a new position in shares of Sprott Physical Gold and Silver Trust in the 4th quarter valued at $107,000. Harbour Investments Inc. boosted its position 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 worth $126,000 after purchasing an additional 530 shares during the last quarter. Addison Advisors LLC grew its stake in shares of Sprott Physical Gold and Silver Trust by 25.3% during the fourth quarter. Addison Advisors LLC now owns 5,940 shares of the company’s stock worth $141,000 after purchasing an additional 1,200 shares during the period. Finally, BCS Wealth Management bought a new stake in Sprott Physical Gold and Silver Trust in the fourth quarter valued at about $200,000.

Sprott Physical Gold and Silver Trust Trading Down 3.9 %

NYSEAMERICAN:CEF opened at $26.52 on Friday. Sprott Physical Gold and Silver Trust has a 1-year low of $20.96 and a 1-year high of $28.42. The firm has a 50-day moving average of $26.78.

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.