Nicola Wealth Management LTD. Purchases 35,000 Shares of Sprott Physical Gold and Silver Trust (CEF)

Nicola Wealth Management LTD. raised its position in shares of Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) by 10.8% during the 3rd quarter, HoldingsChannel reports. The fund owned 360,000 shares of the company’s stock after purchasing an additional 35,000 shares during the period. Nicola Wealth Management LTD.’s holdings in Sprott Physical Gold and Silver Trust were worth $5,436,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in CEF. Millennium Management LLC purchased a new stake in shares of Sprott Physical Gold and Silver Trust in the 1st quarter worth $502,000. AMG National Trust Bank purchased a new stake in shares of Sprott Physical Gold and Silver Trust in the 2nd quarter worth $501,000. Chicago Capital LLC lifted its holdings in shares of Sprott Physical Gold and Silver Trust by 255.4% in the 2nd quarter. Chicago Capital LLC now owns 88,590 shares of the company’s stock worth $1,110,000 after buying an additional 63,660 shares during the period. Cornerstone Wealth Management LLC lifted its holdings in shares of Sprott Physical Gold and Silver Trust by 1,141.0% in the 2nd quarter. Cornerstone Wealth Management LLC now owns 690,763 shares of the company’s stock worth $55,662,000 after buying an additional 635,101 shares during the period. Finally, Howland Capital Management LLC purchased a new stake in shares of Sprott Physical Gold and Silver Trust in the 2nd quarter worth $6,347,000.

Shares of CEF stock opened at $11.51 on Wednesday. Sprott Physical Gold and Silver Trust has a twelve month low of $11.37 and a twelve month high of $13.88.

The company also recently announced a special dividend, which will be paid on Wednesday, November 14th. Shareholders of record on Wednesday, October 31st will be issued a $0.01 dividend. The ex-dividend date of this dividend is Tuesday, October 30th.

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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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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).

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

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