Merriman Wealth Management LLC Boosts Stake in Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF)

Merriman Wealth Management LLC raised its position in Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) by 861.9% during the second quarter, HoldingsChannel.com reports. The firm owned 222,200 shares of the company’s stock after purchasing an additional 199,100 shares during the period. Merriman Wealth Management LLC’s holdings in Sprott Physical Gold and Silver Trust were worth $2,900,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the stock. Advisor Group Inc. grew its stake in Sprott Physical Gold and Silver Trust by 4.0% in the 2nd quarter. Advisor Group Inc. now owns 35,058 shares of the company’s stock worth $464,000 after acquiring an additional 1,337 shares in the last quarter. TIAA FSB grew its stake in Sprott Physical Gold and Silver Trust by 1.3% in the 1st quarter. TIAA FSB now owns 108,797 shares of the company’s stock worth $1,349,000 after acquiring an additional 1,399 shares in the last quarter. MML Investors Services LLC grew its stake in Sprott Physical Gold and Silver Trust by 2.2% in the 1st quarter. MML Investors Services LLC now owns 65,899 shares of the company’s stock worth $817,000 after acquiring an additional 1,422 shares in the last quarter. Steward Partners Investment Advisory LLC grew its stake in Sprott Physical Gold and Silver Trust by 6.0% in the 1st quarter. Steward Partners Investment Advisory LLC now owns 26,985 shares of the company’s stock worth $334,000 after acquiring an additional 1,523 shares in the last quarter. Finally, Boenning & Scattergood Inc. grew its stake in Sprott Physical Gold and Silver Trust by 4.0% in the 1st quarter. Boenning & Scattergood Inc. now owns 47,335 shares of the company’s stock worth $587,000 after acquiring an additional 1,800 shares in the last quarter.

Shares of NYSEAMERICAN CEF traded down $0.14 during midday trading on Tuesday, reaching $14.36. 78,110 shares of the company’s stock traded hands, compared to its average volume of 484,277. Sprott Physical Gold and Silver Trust has a one year low of $11.37 and a one year high of $14.58.

About Sprott Physical Gold and Silver Trust

Sprott Physical Gold and Silver Trust, formerly Central Fund of Canada Limited (Central Fund) is an investment holding company. The Company’s investment objective is to provide a secure, convenient, low-cost, exchange tradable investment alternative for investors interested in holding an investment in gold and silver bullion for long-term appreciation.

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Institutional Ownership by Quarter for Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF)

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