Avidian Wealth Enterprises LLC Grows Position in Sprott Physical Silver Trust (NYSEARCA:PSLV)

Avidian Wealth Enterprises LLC raised its holdings in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 4.5% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 57,524 shares of the exchange traded fund’s stock after acquiring an additional 2,500 shares during the period. Avidian Wealth Enterprises LLC’s holdings in Sprott Physical Silver Trust were worth $601,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Parsons Capital Management Inc. RI boosted its holdings in Sprott Physical Silver Trust by 0.3% in 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 acquiring an additional 1,000 shares in the last quarter. Capital Investment Advisors LLC raised its holdings in Sprott Physical Silver Trust by 4.8% in the 3rd quarter. Capital Investment Advisors LLC now owns 21,994 shares of the exchange traded fund’s stock worth $230,000 after purchasing an additional 1,008 shares during the period. Rockport Wealth LLC raised its holdings in Sprott Physical Silver Trust by 2.0% during 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 period. Synergy Asset Management LLC raised its holdings in Sprott Physical Silver Trust by 18.6% during the second quarter. Synergy Asset Management LLC now owns 12,977 shares of the exchange traded fund’s stock valued at $129,000 after acquiring an additional 2,035 shares during the period. Finally, ADE LLC raised its holdings in Sprott Physical Silver Trust by 8.3% during the third quarter. ADE LLC now owns 33,357 shares of the exchange traded fund’s stock valued at $349,000 after acquiring an additional 2,545 shares during the period.

Sprott Physical Silver Trust Stock Performance

Shares of Sprott Physical Silver Trust stock opened at $10.59 on Thursday. The business has a 50-day moving average price of $10.57 and a 200-day moving average price of $10.13. Sprott Physical Silver Trust has a twelve month low of $7.40 and a twelve month high of $11.77.

About Sprott Physical Silver Trust

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.