97,676 Shares in Sprott Physical Gold Trust (NYSEARCA:PHYS) Bought by Flow Traders U.S. LLC

Flow Traders U.S. LLC bought a new stake in Sprott Physical Gold Trust (NYSEARCA:PHYS) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 97,676 shares of the exchange traded fund’s stock, valued at approximately $1,991,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Cetera Advisors LLC raised its holdings in Sprott Physical Gold Trust by 192.5% during the 1st quarter. Cetera Advisors LLC now owns 93,895 shares of the exchange traded fund’s stock worth $1,624,000 after buying an additional 61,789 shares during the period. Mather Group LLC. boosted its stake in Sprott Physical Gold Trust by 773.2% in the 2nd quarter. Mather Group LLC. now owns 18,005 shares of the exchange traded fund’s stock worth $311,000 after purchasing an additional 15,943 shares during the period. S.A. Mason LLC increased its holdings in Sprott Physical Gold Trust by 16.4% during the 2nd quarter. S.A. Mason LLC now owns 19,232 shares of the exchange traded fund’s stock worth $347,000 after purchasing an additional 2,712 shares in the last quarter. Advocate Group LLC acquired a new stake in shares of Sprott Physical Gold Trust in the 2nd quarter valued at about $197,000. Finally, Optimum Investment Advisors raised its position in Sprott Physical Gold Trust by 13.7% in the 2nd quarter. Optimum Investment Advisors now owns 33,200 shares of the exchange traded fund’s stock valued at $600,000 after buying an additional 4,000 shares during the last quarter.

Sprott Physical Gold Trust Stock Up 1.0 %

NYSEARCA:PHYS opened at $20.46 on Monday. Sprott Physical Gold Trust has a twelve month low of $15.31 and a twelve month high of $21.70. The business has a 50 day moving average price of $20.66 and a two-hundred day moving average price of $19.43.

About Sprott Physical Gold Trust

Sprott Physical Gold Trust operates as a closed-end investment trust, which engages in investing and holding all of its assets in physical gold bullion. Its investment objective is to provide a secure, convenient, and exchange-traded investment alternative for investors through investing primarily in long-term holdings of unencumbered, fully allocated, physical gold bullion and will not speculate with regard to short-term changes in gold prices.