Nadler Financial Group Inc. Acquires 9,830 Shares of Sprott Physical Gold Trust (NYSEARCA:PHYS)

Nadler Financial Group Inc. lifted its stake in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 48.7% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 30,005 shares of the exchange traded fund’s stock after buying an additional 9,830 shares during the quarter. Nadler Financial Group Inc.’s holdings in Sprott Physical Gold Trust were worth $612,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of PHYS. Private Advisor Group LLC lifted its position in Sprott Physical Gold Trust by 88.8% during the first quarter. Private Advisor Group LLC now owns 777,048 shares of the exchange traded fund’s stock valued at $13,443,000 after purchasing an additional 365,371 shares during the last quarter. Concourse Financial Group Securities Inc. lifted its holdings in shares of Sprott Physical Gold Trust by 9.8% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 6,893 shares of the exchange traded fund’s stock valued at $140,000 after acquiring an additional 615 shares during the last quarter. Raymond James & Associates raised its position in Sprott Physical Gold Trust by 73.3% during 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. Headlands Technologies LLC bought a new stake in Sprott Physical Gold Trust in the first quarter worth $281,000. Finally, Ashton Thomas Private Wealth LLC bought a new position in Sprott Physical Gold Trust during the second quarter valued at $164,000.

Sprott Physical Gold Trust Price Performance

Shares of PHYS stock traded up $0.11 during trading hours on Friday, reaching $21.43. 171,026 shares of the stock were exchanged, compared to its average volume of 2,047,383. Sprott Physical Gold Trust has a 12-month low of $15.09 and a 12-month high of $21.70. The company’s 50-day moving average price is $20.31 and its 200-day moving average price is $19.07.

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.