Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) Sees Large Volume Increase – Here’s What Happened

Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) saw unusually-high trading volume on Monday . Approximately 864,095 shares traded hands during trading, an increase of 10% from the previous session’s volume of 783,049 shares.The stock last traded at $45.9730 and had previously closed at $48.97.

Sprott Physical Gold and Silver Trust Trading Down 6.2%

The business has a 50-day simple moving average of $40.73 and a 200 day simple moving average of $35.58.

Institutional Trading of Sprott Physical Gold and Silver Trust

Several large investors have recently added to or reduced their stakes in the stock. Bessemer Group Inc. bought a new position in Sprott Physical Gold and Silver Trust in the third quarter worth about $28,000. CWM LLC lifted its holdings in shares of Sprott Physical Gold and Silver Trust by 139.0% during the second quarter. CWM LLC now owns 956 shares of the company’s stock valued at $29,000 after purchasing an additional 556 shares during the last quarter. Assetmark Inc. boosted its holdings in Sprott Physical Gold and Silver Trust by 602.5% in the third quarter. Assetmark Inc. now owns 843 shares of the company’s stock worth $31,000 after acquiring an additional 723 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new position in Sprott Physical Gold and Silver Trust in the 2nd quarter worth about $42,000. Finally, Atlantic Union Bankshares Corp bought a new stake in shares of Sprott Physical Gold and Silver Trust during the second quarter valued at approximately $42,000.

About Sprott Physical Gold and Silver Trust

The Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) is a closed-end investment trust that provides investors with direct exposure to physical gold and silver bullion. Established in 2019 and sponsored by Sprott Asset Management, the trust holds allocated London Good Delivery gold bars and London Silver Fix silver bars in secure vaults, offering a transparent alternative to traditional equity- or futures-based precious metals vehicles. Each trust unit represents a proportional interest in the bullion holdings, and investors gain ownership of the underlying metal without assuming the logistics of purchase, storage, or insurance.

To maintain its inventory, the trust purchases bullion through approved bullion dealers and London bullion market participants.