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Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) Hits New 52-Week High - Here's Why

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Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $27.23 and last traded at $27.20, with a volume of 495235 shares. The stock had previously closed at $26.96.

Sprott Physical Gold and Silver Trust Price Performance

The stock's 50-day simple moving average is $25.75.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in CEF. Coastline Trust Co purchased a new position in Sprott Physical Gold and Silver Trust during the third quarter valued at approximately $43,000. Laurel Wealth Advisors LLC bought a new stake in Sprott Physical Gold and Silver Trust during the 4th quarter valued at $52,000. Chapman Financial Group LLC purchased a new position in shares of Sprott Physical Gold and Silver Trust in the 4th quarter valued at $67,000. Duncker Streett & Co. Inc. bought a new position in shares of Sprott Physical Gold and Silver Trust in the 4th quarter worth $107,000. Finally, Harbour Investments Inc. lifted its stake in shares of Sprott Physical Gold and Silver Trust by 11.1% during the 4th quarter. Harbour Investments Inc. now owns 5,304 shares of the company's stock worth $126,000 after purchasing an additional 530 shares during the last quarter.

About Sprott Physical Gold and Silver Trust

(Get Free Report)

Sprott Physical Gold & Silver Trust operates as a closed-ended investment fund/investment trust. The company was founded on October 26, 2017 and is headquartered in Toronto, Canada.

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