US Bancorp DE Purchases 1,250 Shares of Sprott Physical Silver Trust (NYSEARCA:PSLV)

US Bancorp DE grew its holdings in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 21.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 7,050 shares of the exchange traded fund’s stock after purchasing an additional 1,250 shares during the quarter. US Bancorp DE’s holdings in Sprott Physical Silver Trust were worth $68,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. XTX Topco Ltd acquired a new position in Sprott Physical Silver Trust in the third quarter valued at approximately $293,000. Stratos Wealth Partners LTD. lifted its stake in shares of Sprott Physical Silver Trust by 8.0% in the 4th quarter. Stratos Wealth Partners LTD. now owns 115,222 shares of the exchange traded fund’s stock valued at $1,112,000 after purchasing an additional 8,500 shares during the period. Walleye Capital LLC acquired a new stake in shares of Sprott Physical Silver Trust during the third quarter worth $1,086,000. Allworth Financial LP grew its stake in shares of Sprott Physical Silver Trust by 3,565.3% during the fourth quarter. Allworth Financial LP now owns 78,805 shares of the exchange traded fund’s stock worth $816,000 after purchasing an additional 76,655 shares during the period. Finally, First Horizon Advisors Inc. bought a new stake in Sprott Physical Silver Trust in the third quarter valued at about $32,000.

Sprott Physical Silver Trust Stock Performance

Shares of PSLV opened at $11.61 on Tuesday. The stock’s 50-day moving average price is $10.69 and its two-hundred day moving average price is $10.50. Sprott Physical Silver Trust has a 1 year low of $8.12 and a 1 year 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.