Stratos Wealth Partners LTD. Boosts Stock Position in Sprott Physical Gold Trust (NYSEARCA:PHYS)

Stratos Wealth Partners LTD. lifted its position in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 7.7% in the 4th quarter, HoldingsChannel reports. The firm owned 170,297 shares of the exchange traded fund’s stock after purchasing an additional 12,135 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in Sprott Physical Gold Trust were worth $3,430,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of PHYS. Straight Path Wealth Management raised its position in Sprott Physical Gold Trust by 1.5% during the 3rd quarter. Straight Path Wealth Management now owns 34,950 shares of the exchange traded fund’s stock worth $712,000 after buying an additional 500 shares during the last quarter. Wealth Alliance Advisory Group LLC raised its holdings in shares of Sprott Physical Gold Trust by 4.3% during the fourth quarter. Wealth Alliance Advisory Group LLC now owns 12,089 shares of the exchange traded fund’s stock worth $243,000 after purchasing an additional 500 shares during the last quarter. Islay Capital Management LLC lifted its position in Sprott Physical Gold Trust by 1.4% during the third quarter. Islay Capital Management LLC now owns 41,161 shares of the exchange traded fund’s stock valued at $839,000 after purchasing an additional 550 shares during the period. Avior Wealth Management LLC lifted its position in Sprott Physical Gold Trust by 12.0% during the fourth quarter. Avior Wealth Management LLC now owns 5,700 shares of the exchange traded fund’s stock valued at $115,000 after purchasing an additional 610 shares during the period. Finally, Concourse Financial Group Securities Inc. boosted its holdings in Sprott Physical Gold Trust by 9.8% in the third quarter. Concourse Financial Group Securities Inc. now owns 6,893 shares of the exchange traded fund’s stock valued at $140,000 after purchasing an additional 615 shares during the last quarter.

Sprott Physical Gold Trust Trading Down 0.3 %

NYSEARCA PHYS opened at $22.14 on Friday. The stock has a 50-day simple moving average of $20.70 and a two-hundred day simple moving average of $20.24. Sprott Physical Gold Trust has a fifty-two week low of $15.31 and a fifty-two week high of $22.32.

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.