PFG Investments LLC Raises Stock Holdings in Sprott Physical Gold Trust (NYSEARCA:PHYS)

PFG Investments LLC raised its position in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 1.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 260,024 shares of the exchange traded fund’s stock after buying an additional 3,804 shares during the quarter. PFG Investments LLC owned approximately 0.07% of Sprott Physical Gold Trust worth $5,237,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in PHYS. International Assets Investment Management LLC grew its holdings in Sprott Physical Gold Trust by 2,471.9% during the third quarter. International Assets Investment Management LLC now owns 2,859,518 shares of the exchange traded fund’s stock worth $58,277,000 after acquiring an additional 2,748,335 shares during the period. 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 last quarter. Sanctuary Advisors LLC acquired a new stake in Sprott Physical Gold Trust in the second quarter valued at $9,884,000. Captrust Financial Advisors grew its holdings in Sprott Physical Gold Trust by 13.9% in the third quarter. Captrust Financial Advisors now owns 2,277,485 shares of the exchange traded fund’s stock valued at $46,415,000 after purchasing an additional 277,117 shares during the last quarter. Finally, Kera Capital Partners Inc. acquired a new stake in Sprott Physical Gold Trust in the fourth quarter valued at $4,512,000.

Sprott Physical Gold Trust Price Performance

Sprott Physical Gold Trust stock opened at $21.42 on Monday. Sprott Physical Gold Trust has a fifty-two week low of $15.31 and a fifty-two week high of $21.70. The stock’s fifty day moving average is $20.46 and its two-hundred day moving average is $20.08.

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.