Kestra Private Wealth Services LLC Buys 6,353 Shares of Sprott Physical Gold Trust (NYSEARCA:PHYS)

Kestra Private Wealth Services LLC grew its stake in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 14.3% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 50,934 shares of the exchange traded fund’s stock after acquiring an additional 6,353 shares during the period. Kestra Private Wealth Services LLC’s holdings in Sprott Physical Gold Trust were worth $1,026,000 at the end of the most recent quarter.

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

Sprott Physical Gold Trust Price Performance

Shares of NYSEARCA:PHYS opened at $22.68 on Friday. Sprott Physical Gold Trust has a 52 week low of $15.31 and a 52 week high of $22.71. The firm has a 50 day moving average of $20.91 and a 200 day moving average of $20.38.

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.