PFG Investments LLC lifted its stake in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS – Free Report) by 1.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 260,024 shares of the exchange traded fund’s stock after acquiring an additional 3,804 shares during the period. PFG Investments LLC’s holdings in Sprott Physical Gold Trust were worth $5,237,000 as of its most recent SEC filing.
A number of other large investors have also made changes to their positions in the stock. International Assets Investment Management LLC boosted its stake in Sprott Physical Gold Trust by 2,471.9% in the 3rd quarter. International Assets Investment Management LLC now owns 2,859,518 shares of the exchange traded fund’s stock worth $58,277,000 after buying an additional 2,748,335 shares during the last quarter. Raymond James & Associates grew its holdings in Sprott Physical Gold Trust by 73.3% in the third quarter. Raymond James & Associates now owns 1,602,282 shares of the exchange traded fund’s stock valued at $32,655,000 after purchasing an additional 677,623 shares during the period. Sanctuary Advisors LLC acquired a new position in Sprott Physical Gold Trust during the second quarter worth approximately $9,884,000. Captrust Financial Advisors raised its stake in Sprott Physical Gold Trust by 13.9% during the third quarter. Captrust Financial Advisors now owns 2,277,485 shares of the exchange traded fund’s stock worth $46,415,000 after purchasing an additional 277,117 shares during the period. Finally, Kera Capital Partners Inc. purchased a new position in Sprott Physical Gold Trust during the fourth quarter worth approximately $4,512,000.
Sprott Physical Gold Trust Stock Performance
PHYS stock opened at $21.42 on Monday. The business has a fifty day simple moving average of $20.46 and a 200-day simple moving average of $20.08. Sprott Physical Gold Trust has a 52 week low of $15.31 and a 52 week high of $21.70.
Sprott Physical Gold Trust Profile
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.
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