Royal Bank of Canada Sells 406,303 Shares of Sprott Physical Silver Trust (NYSEARCA:PSLV)

Royal Bank of Canada decreased its position in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) by 11.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,044,746 shares of the exchange traded fund’s stock after selling 406,303 shares during the quarter. Royal Bank of Canada owned about 0.63% of Sprott Physical Silver Trust worth $29,381,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Atria Investments Inc raised its holdings in Sprott Physical Silver Trust by 6.9% during the 4th quarter. Atria Investments Inc now owns 14,232 shares of the exchange traded fund’s stock worth $137,000 after buying an additional 921 shares during the period. U.S. Capital Wealth Advisors LLC raised its holdings in Sprott Physical Silver Trust by 2.3% during the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 44,856 shares of the exchange traded fund’s stock worth $433,000 after buying an additional 1,000 shares during the period. Schwarz Dygos Wheeler Investment Advisors LLC raised its holdings in Sprott Physical Silver Trust by 1.2% during the 4th quarter. Schwarz Dygos Wheeler Investment Advisors LLC now owns 87,792 shares of the exchange traded fund’s stock worth $847,000 after buying an additional 1,000 shares during the period. Cobblestone Asset Management LLC raised its holdings in Sprott Physical Silver Trust by 1.3% during the 4th quarter. Cobblestone Asset Management LLC now owns 84,695 shares of the exchange traded fund’s stock worth $817,000 after buying an additional 1,101 shares during the period. Finally, Larson Financial Group LLC raised its holdings in Sprott Physical Silver Trust by 0.7% during the 4th quarter. Larson Financial Group LLC now owns 177,074 shares of the exchange traded fund’s stock worth $1,709,000 after buying an additional 1,185 shares during the period.

Sprott Physical Silver Trust Stock Performance

Shares of PSLV stock opened at $11.26 on Friday. The company’s 50 day moving average price is $10.99 and its two-hundred day moving average price is $10.66. Sprott Physical Silver Trust has a 52 week low of $9.12 and a 52 week high of $11.77.

Sprott Physical Silver Trust Profile

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.