TIAA Trust National Association Buys 606,556 Shares of Sprott Physical Silver Trust $PSLV

TIAA Trust National Association raised its stake in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) by 297.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 810,456 shares of the exchange traded fund’s stock after purchasing an additional 606,556 shares during the quarter. TIAA Trust National Association owned 0.14% of Sprott Physical Silver Trust worth $9,920,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Meixler Investment Management Ltd. raised its position in shares of Sprott Physical Silver Trust by 3.4% during the 2nd quarter. Meixler Investment Management Ltd. now owns 28,240 shares of the exchange traded fund’s stock valued at $346,000 after buying an additional 925 shares in the last quarter. Beam Wealth Advisors Inc. increased its stake in Sprott Physical Silver Trust by 26.1% in the second quarter. Beam Wealth Advisors Inc. now owns 81,857 shares of the exchange traded fund’s stock valued at $1,002,000 after acquiring an additional 16,932 shares during the last quarter. Kovack Advisors Inc. increased its stake in Sprott Physical Silver Trust by 1.1% in the second quarter. Kovack Advisors Inc. now owns 301,376 shares of the exchange traded fund’s stock valued at $3,689,000 after acquiring an additional 3,336 shares during the last quarter. Keybank National Association OH raised its position in Sprott Physical Silver Trust by 17.5% during the second quarter. Keybank National Association OH now owns 57,858 shares of the exchange traded fund’s stock valued at $708,000 after purchasing an additional 8,628 shares in the last quarter. Finally, Arkadios Wealth Advisors lifted its stake in Sprott Physical Silver Trust by 3.3% during the second quarter. Arkadios Wealth Advisors now owns 76,096 shares of the exchange traded fund’s stock worth $931,000 after purchasing an additional 2,432 shares during the last quarter.

Sprott Physical Silver Trust Trading Down 0.4%

PSLV opened at $16.11 on Monday. The stock has a 50-day moving average price of $15.21 and a 200-day moving average price of $13.15. Sprott Physical Silver Trust has a 12-month low of $9.60 and a 12-month high of $18.15.

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.