Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) Sees Unusually-High Trading Volume – What’s Next?

Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) shares saw unusually-high trading volume on Thursday . Approximately 611,621 shares changed hands during mid-day trading, a decline of 2% from the previous session’s volume of 622,695 shares.The stock last traded at $26.26 and had previously closed at $26.67.

Sprott Physical Gold and Silver Trust Stock Down 0.6 %

Institutional Trading of Sprott Physical Gold and Silver Trust

Several institutional investors have recently modified their holdings of CEF. Franklin Resources Inc. acquired a new stake in shares of Sprott Physical Gold and Silver Trust in the third quarter worth approximately $642,000. CENTRAL TRUST Co grew its holdings in shares of Sprott Physical Gold and Silver Trust by 0.7% during the fourth quarter. CENTRAL TRUST Co now owns 7,881,481 shares of the company’s stock worth $187,264,000 after buying an additional 52,369 shares in the last quarter. Pacific Sage Partners LLC purchased a new stake in shares of Sprott Physical Gold and Silver Trust during the fourth quarter worth $6,812,000. Cibc World Market Inc. grew its holdings in shares of Sprott Physical Gold and Silver Trust by 25.3% during the fourth quarter. Cibc World Market Inc. now owns 622,744 shares of the company’s stock worth $14,796,000 after buying an additional 125,849 shares in the last quarter. Finally, Jaffetilchin Investment Partners LLC raised its position in shares of Sprott Physical Gold and Silver Trust by 153.0% in the third quarter. Jaffetilchin Investment Partners LLC now owns 74,520 shares of the company’s stock valued at $1,825,000 after buying an additional 45,062 shares during the last quarter.

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.