Thrivent Financial for Lutherans grew its holdings in Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF – Free Report) by 44.8% in the fourth quarter, Holdings Channel.com reports. The firm owned 278,466 shares of the company’s stock after purchasing an additional 86,215 shares during the period. Thrivent Financial for Lutherans’ holdings in Sprott Physical Gold and Silver Trust were worth $12,956,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also modified their holdings of CEF. Bessemer Group Inc. purchased a new stake in Sprott Physical Gold and Silver Trust in the 3rd quarter worth about $28,000. Assetmark Inc. grew its stake in Sprott Physical Gold and Silver Trust by 602.5% during the 3rd quarter. Assetmark Inc. now owns 843 shares of the company’s stock valued at $31,000 after acquiring an additional 723 shares in the last quarter. Halbert Hargrove Global Advisors LLC acquired a new position in shares of Sprott Physical Gold and Silver Trust in the 4th quarter valued at about $46,000. Laurel Wealth Advisors LLC purchased a new stake in shares of Sprott Physical Gold and Silver Trust in the fourth quarter worth approximately $78,000. Finally, Chapman Financial Group LLC purchased a new stake in shares of Sprott Physical Gold and Silver Trust in the second quarter worth approximately $84,000.
Sprott Physical Gold and Silver Trust Trading Up 0.6%
CEF stock opened at $48.17 on Tuesday. The company has a 50 day moving average of $48.77 and a two-hundred day moving average of $47.47. Sprott Physical Gold and Silver Trust has a 12-month low of $28.35 and a 12-month high of $61.38.
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.
See Also
- Five stocks we like better than Sprott Physical Gold and Silver Trust
- Why Applied Optoelectronics Stock May Be Near a Turning Point
- From High-Yield to High-Growth: 3 Stocks Boosting Dividends
- Is Everspin Technologies the Next AI Edge Breakout?
- 5 Robotics Stocks to Watch as Physical AI Builds Momentum
Want to see what other hedge funds are holding CEF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF – Free Report).
Receive News & Ratings for Sprott Physical Gold and Silver Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sprott Physical Gold and Silver Trust and related companies with MarketBeat.com's FREE daily email newsletter.
