Vontobel Holding Ltd. Buys New Stake in Sprott Physical Silver Trust (NYSEARCA:PSLV)

Vontobel Holding Ltd. bought a new stake in Sprott Physical Silver Trust (NYSEARCA:PSLV) during the fourth quarter, according to its most recent filing with the SEC. The firm bought 15,000 shares of the exchange traded fund’s stock, valued at approximately $145,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of PSLV. First Horizon Advisors Inc. acquired a new stake in Sprott Physical Silver Trust in the 3rd quarter worth $32,000. Eastern Bank acquired a new stake in Sprott Physical Silver Trust in the 3rd quarter worth $45,000. Hara Capital LLC acquired a new stake in Sprott Physical Silver Trust in the 3rd quarter worth $86,000. FNY Investment Advisers LLC acquired a new stake in Sprott Physical Silver Trust in the 4th quarter worth $80,000. Finally, James Hambro & Partners LLP acquired a new stake in Sprott Physical Silver Trust in the 4th quarter worth $106,000.

Sprott Physical Silver Trust Stock Down 1.0 %

NYSEARCA:PSLV opened at $11.05 on Friday. The company has a 50-day moving average of $10.32 and a 200-day moving average of $10.36. Sprott Physical Silver Trust has a 52 week low of $7.45 and a 52 week high of $11.77.

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.