Sanctuary Advisors LLC Increases Stake in Sprott Physical Silver Trust (NYSEARCA:PSLV)

Sanctuary Advisors LLC increased its stake in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 118.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 139,496 shares of the exchange traded fund’s stock after buying an additional 75,541 shares during the period. Sanctuary Advisors LLC’s holdings in Sprott Physical Silver Trust were worth $1,465,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of PSLV. MML Investors Services LLC raised its holdings in Sprott Physical Silver Trust by 124.1% in the third quarter. MML Investors Services LLC now owns 130,529 shares of the exchange traded fund’s stock worth $1,364,000 after purchasing an additional 72,285 shares in the last quarter. XTX Topco Ltd purchased a new stake in shares of Sprott Physical Silver Trust in the 3rd quarter worth about $293,000. National Bank of Canada FI increased its stake in shares of Sprott Physical Silver Trust by 0.5% in the 3rd quarter. National Bank of Canada FI now owns 516,333 shares of the exchange traded fund’s stock worth $5,396,000 after acquiring an additional 2,505 shares in the last quarter. EP Wealth Advisors LLC purchased a new position in Sprott Physical Silver Trust during the 3rd quarter valued at about $214,000. Finally, Insigneo Advisory Services LLC boosted its stake in Sprott Physical Silver Trust by 4.0% during the third quarter. Insigneo Advisory Services LLC now owns 144,152 shares of the exchange traded fund’s stock worth $1,506,000 after acquiring an additional 5,500 shares in the last quarter.

Sprott Physical Silver Trust Stock Performance

Shares of PSLV opened at $9.88 on Friday. Sprott Physical Silver Trust has a fifty-two week low of $7.40 and a fifty-two week high of $11.77. The firm’s 50-day simple moving average is $10.64 and its two-hundred day simple moving average is $10.26.

Sprott Physical Silver Trust 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.