Avidian Wealth Enterprises LLC Increases Stock Position in Sprott Physical Silver Trust $PSLV

Avidian Wealth Enterprises LLC grew its stake in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) by 2.4% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 51,874 shares of the exchange traded fund’s stock after buying an additional 1,200 shares during the period. Avidian Wealth Enterprises LLC’s holdings in Sprott Physical Silver Trust were worth $635,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in PSLV. Cambridge Investment Research Advisors Inc. grew its stake in shares of Sprott Physical Silver Trust by 15.3% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 523,675 shares of the exchange traded fund’s stock valued at $6,075,000 after buying an additional 69,345 shares during the period. Oppenheimer & Co. Inc. grew its stake in Sprott Physical Silver Trust by 9.7% during the first quarter. Oppenheimer & Co. Inc. now owns 58,210 shares of the exchange traded fund’s stock worth $675,000 after buying an additional 5,136 shares during the period. Spire Wealth Management grew its stake in Sprott Physical Silver Trust by 6.5% during the first quarter. Spire Wealth Management now owns 213,039 shares of the exchange traded fund’s stock worth $2,471,000 after buying an additional 12,916 shares during the period. Sequoia Financial Advisors LLC grew its stake in Sprott Physical Silver Trust by 1.4% during the first quarter. Sequoia Financial Advisors LLC now owns 75,267 shares of the exchange traded fund’s stock worth $873,000 after buying an additional 1,045 shares during the period. Finally, Transcend Capital Advisors LLC grew its stake in Sprott Physical Silver Trust by 21.9% during the first quarter. Transcend Capital Advisors LLC now owns 58,500 shares of the exchange traded fund’s stock worth $679,000 after buying an additional 10,500 shares during the period.

Sprott Physical Silver Trust Trading Up 0.3%

PSLV opened at $16.02 on Thursday. Sprott Physical Silver Trust has a 52-week low of $9.60 and a 52-week high of $18.15. The company has a 50 day moving average of $14.79 and a two-hundred day moving average of $12.84.

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.