Sprott Physical Silver Trust (NYSEARCA:PSLV) Shares Bought by Beaumont Financial Advisors LLC

Beaumont Financial Advisors LLC boosted its position in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) by 13.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 76,088 shares of the exchange traded fund’s stock after buying an additional 8,975 shares during the period. Beaumont Financial Advisors LLC’s holdings in Sprott Physical Silver Trust were worth $795,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the company. Parsons Capital Management Inc. RI increased its position in Sprott Physical Silver Trust by 0.3% during the second quarter. Parsons Capital Management Inc. RI now owns 348,916 shares of the exchange traded fund’s stock worth $3,465,000 after buying an additional 1,000 shares during the period. Capital Investment Advisors LLC increased its position in Sprott Physical Silver Trust by 7.7% during the second quarter. Capital Investment Advisors LLC now owns 20,986 shares of the exchange traded fund’s stock worth $208,000 after buying an additional 1,506 shares during the period. Rockport Wealth LLC increased its holdings in shares of Sprott Physical Silver Trust by 2.0% in the second quarter. Rockport Wealth LLC now owns 78,975 shares of the exchange traded fund’s stock valued at $784,000 after purchasing an additional 1,525 shares during the period. Synergy Asset Management LLC increased its holdings in shares of Sprott Physical Silver Trust by 18.6% in the second quarter. Synergy Asset Management LLC now owns 12,977 shares of the exchange traded fund’s stock valued at $129,000 after purchasing an additional 2,035 shares during the period. Finally, Janney Montgomery Scott LLC increased its holdings in shares of Sprott Physical Silver Trust by 0.5% in the first quarter. Janney Montgomery Scott LLC now owns 571,687 shares of the exchange traded fund’s stock valued at $4,739,000 after purchasing an additional 2,562 shares during the period.

Sprott Physical Silver Trust Price Performance

NYSEARCA:PSLV opened at $10.67 on Friday. The stock’s 50 day simple moving average is $10.07 and its 200-day simple moving average is $9.87. Sprott Physical Silver Trust has a 12-month low of $7.40 and a 12-month high of $11.09.

Sprott Physical Silver Trust Company Profile

Sprott Physical Silver Trust is a closed-end investment trust company, which engages in the provision of a secure, convenient, and exchange-traded investment alternative for investors interested in holding physical silver bullion without the inconvenience that is typical of a direct investment in physical silver bullion.