Cadence Wealth Management LLC Trims Stock Position in Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF)

Cadence Wealth Management LLC lowered its position in shares of Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) by 0.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 297,578 shares of the company’s stock after selling 420 shares during the period. Sprott Physical Gold and Silver Trust comprises about 5.9% of Cadence Wealth Management LLC’s holdings, making the stock its 4th largest holding. Cadence Wealth Management LLC owned approximately 0.14% of Sprott Physical Gold and Silver Trust worth $7,288,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of CEF. Oppenheimer & Co. Inc. boosted its stake in shares of Sprott Physical Gold and Silver Trust by 22.1% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 82,926 shares of the company’s stock valued at $2,031,000 after purchasing an additional 15,009 shares in the last quarter. Missouri Trust & Investment Co lifted its stake in Sprott Physical Gold and Silver Trust by 57.9% in the third quarter. Missouri Trust & Investment Co now owns 1,833 shares of the company’s stock worth $45,000 after purchasing an additional 672 shares during the last quarter. Jaffetilchin Investment Partners LLC boosted its position in Sprott Physical Gold and Silver Trust by 153.0% during the third quarter. Jaffetilchin Investment Partners LLC now owns 74,520 shares of the company’s stock valued at $1,825,000 after buying an additional 45,062 shares during the period. Baker Avenue Asset Management LP bought a new position in shares of Sprott Physical Gold and Silver Trust during the third quarter valued at about $207,000. Finally, Oxbow Advisors LLC grew its stake in shares of Sprott Physical Gold and Silver Trust by 42.5% during the third quarter. Oxbow Advisors LLC now owns 14,106 shares of the company’s stock valued at $345,000 after buying an additional 4,206 shares during the last quarter.

Sprott Physical Gold and Silver Trust Price Performance

NYSEAMERICAN:CEF opened at $23.92 on Friday. Sprott Physical Gold and Silver Trust has a fifty-two week low of $18.04 and a fifty-two week high of $26.50.

Sprott Physical Gold and Silver Trust Company Profile

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.