Beaumont Financial Advisors LLC Expands Investment in Sprott Physical Gold and Silver Trust

Beaumont Financial Advisors LLC has increased its investment in the Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF - Free Report) by 2.2% during the fourth quarter, as revealed in its recent SEC filing. After acquiring an additional 11,454 shares over the quarter, the institutional investor now holds a total of 526,627 shares in the trust. This investment represents about 0.9% of Beaumont Financial Advisors' entire portfolio, ranking it as their 29th largest holding. According to the latest disclosures, Beaumont Financial Advisors LLC's stakes in Sprott Physical Gold and Silver Trust are valued at approximately $12,513,000, which accounts for about 0.24% of the trust's total shares.

Other major investors have also made changes to their positions in the Sprott Physical Gold and Silver Trust. Coastline Trust Co entered the market during the third quarter with a new investment valued at approximately $43,000. Missouri Trust & Investment Co significantly increased its holdings by 57.9% in the same period, bringing its total to 1,833 shares, valued at $45,000 after acquiring 672 additional shares. In the fourth quarter, Laurel Wealth Advisors LLC also purchased a new position in the trust worth about $52,000. JNBA Financial Advisors made a notable increase of 812.8% in their investment during the third quarter, now owning 3,706 shares worth $91,000 after a purchase of 3,300 shares. Finally, Perkins Coie Trust Co joined the ranks of investors, acquiring a stake valued around $147,000 in the third quarter.

Sprott Physical Gold and Silver Trust Performance

As of Wednesday, CEF traded at $25.32. The trust has experienced a 12-month range, with a 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 or investment trust. Established on October 26, 2017, the company is based in Toronto, Canada.

Investment Insights

Investors considering whether to invest in Sprott Physical Gold and Silver Trust might want to consider market insights. Although analysts maintain a "Hold" rating for the trust, research suggests there may be better investment opportunities available. Recent analyses have identified five leading stocks that are receiving attention from top analysts, which do not include Sprott Physical Gold and Silver Trust.

As the market evolves, interested investors are encouraged to stay informed about trends and recommendations before making significant investment decisions.

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