Sprott Physical Silver Trust $PSLV Stock Holdings Reduced by Wealthcare Capital Management LLC

Wealthcare Capital Management LLC reduced its position in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 42.8% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,399,068 shares of the exchange traded fund’s stock after selling 1,044,940 shares during the period. Sprott Physical Silver Trust comprises about 2.2% of Wealthcare Capital Management LLC’s holdings, making the stock its 6th largest position. Wealthcare Capital Management LLC owned approximately 0.24% of Sprott Physical Silver Trust worth $21,965,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the company. Highline Wealth Partners LLC bought a new stake in shares of Sprott Physical Silver Trust in the 3rd quarter valued at approximately $25,000. Redwood Park Advisors LLC acquired a new stake in Sprott Physical Silver Trust in the second quarter valued at approximately $32,000. Atlantic Union Bankshares Corp bought a new stake in Sprott Physical Silver Trust in the second quarter worth approximately $32,000. Quilter Plc acquired a new position in shares of Sprott Physical Silver Trust during the 3rd quarter worth $53,000. Finally, CWM LLC increased its stake in shares of Sprott Physical Silver Trust by 152.5% during the 3rd quarter. CWM LLC now owns 4,075 shares of the exchange traded fund’s stock worth $64,000 after purchasing an additional 2,461 shares during the last quarter.

Sprott Physical Silver Trust Stock Up 2.7%

PSLV stock opened at $25.05 on Tuesday. Sprott Physical Silver Trust has a 1 year low of $9.97 and a 1 year high of $38.13. The company has a fifty day simple moving average of $26.36 and a 200 day simple moving average of $19.27.

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. The Trust invests and intends to continue to invest primarily in long-term holdings of unencumbered, fully allocated, physical silver bullion, and does not speculate with regard to short-term changes in silver prices.