Waddell & Associates LLC Boosts Stake in Sprott Physical Silver Trust (NYSEARCA:PSLV)

Waddell & Associates LLC raised its holdings in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 46.0% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 254,591 shares of the exchange traded fund’s stock after acquiring an additional 80,160 shares during the period. Sprott Physical Silver Trust makes up 0.3% of Waddell & Associates LLC’s investment portfolio, making the stock its 29th largest position. Waddell & Associates LLC owned about 0.05% of Sprott Physical Silver Trust worth $2,660,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the business. Parsons Capital Management Inc. RI lifted 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 valued at $3,465,000 after purchasing an additional 1,000 shares during the last quarter. Capital Investment Advisors LLC lifted its holdings in shares of Sprott Physical Silver Trust by 4.8% during the 3rd quarter. Capital Investment Advisors LLC now owns 21,994 shares of the exchange traded fund’s stock worth $230,000 after acquiring an additional 1,008 shares during the last quarter. Sigma Planning Corp grew its position in Sprott Physical Silver Trust by 1.3% in the third quarter. Sigma Planning Corp now owns 97,404 shares of the exchange traded fund’s stock worth $1,018,000 after acquiring an additional 1,234 shares in the last quarter. Islay Capital Management LLC increased its stake in Sprott Physical Silver Trust by 2.3% in the third quarter. Islay Capital Management LLC now owns 58,924 shares of the exchange traded fund’s stock valued at $616,000 after acquiring an additional 1,300 shares during the last quarter. Finally, Rockport Wealth LLC increased its stake in 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 acquiring an additional 1,525 shares during the last quarter.

Sprott Physical Silver Trust Stock Up 1.4 %

Shares of PSLV stock opened at $10.50 on Friday. The business has a 50-day moving average price of $10.72 and a two-hundred day moving average price of $10.23. Sprott Physical Silver Trust has a 12-month low of $7.40 and a 12-month high of $11.77.

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.