Beaumont Financial Advisors LLC Increases Holdings in Sprott Physical Gold and Silver Trust

Beaumont Financial Advisors LLC has raised its investment in Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) by 2.2% during the fourth quarter, as noted in their recent filing with the SEC. Following this increase, the institutional investor now holds 526,627 shares of the trust, having acquired an additional 11,454 shares over the quarter.

The Sprott Physical Gold and Silver Trust represents approximately 0.9% of Beaumont Financial Advisors LLC's overall portfolio, making it their 29th largest asset. As per the latest filing, Beaumont Financial Advisors LLC's stake in Sprott Physical Gold and Silver Trust is valued at around $12,513,000, translating to ownership of 0.24% of the total shares.

Other institutional investors have also been active, either increasing or decreasing their stakes in CEF. For example, Coastline Trust Co established a new position during the third quarter, investing about $43,000 in the trust. In the same period, Missouri Trust & Investment Co significantly boosted its holdings by 57.9%, and now owns 1,833 shares valued at $45,000 after acquiring an additional 672 shares.

In the fourth quarter, Laurel Wealth Advisors LLC also invested in Sprott Physical Gold and Silver Trust with a new stake valued at approximately $52,000. Meanwhile, JNBA Financial Advisors made a notable increase, raising their holdings by an impressive 812.8% in the third quarter and now possess 3,706 shares worth $91,000 after purchasing 3,300 shares in the last quarter.

Lastly, Perkins Coie Trust Co entered the scene by acquiring a new stake in the trust during the third quarter, amounting to around $147,000.

Sprott Physical Gold and Silver Trust Trading Update

The Sprott Physical Gold and Silver Trust (CEF) opened at $25.32 on the most recent trading day. The trust has experienced some fluctuations, with a 12-month low of $18.04 and a high of $26.50.

About Sprott Physical Gold and Silver Trust

Sprott Physical Gold & Silver Trust operates as a closed-ended investment fund, focusing on providing exposure to physical gold and silver. The trust was established on October 26, 2017, and is based in Toronto, Canada.

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