Stratos Wealth Partners LTD. Grows Stake in Sprott Physical Gold Trust (NYSEARCA:PHYS)

Stratos Wealth Partners LTD. raised its position in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 7.7% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 170,297 shares of the exchange traded fund’s stock after purchasing an additional 12,135 shares during the period. 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.

Other hedge funds have also made changes to their positions in the company. AdvisorNet Financial Inc raised its holdings in shares of Sprott Physical Gold Trust by 7,000.0% in the fourth quarter. AdvisorNet Financial Inc now owns 3,550 shares of the exchange traded fund’s stock valued at $71,000 after acquiring an additional 3,500 shares in the last quarter. Concourse Financial Group Securities Inc. raised 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 purchasing an additional 615 shares in the last quarter. Raymond James & Associates lifted its position in shares of Sprott Physical Gold Trust by 73.3% in the 3rd quarter. Raymond James & Associates now owns 1,602,282 shares of the exchange traded fund’s stock worth $32,655,000 after purchasing an additional 677,623 shares during the period. International Assets Investment Management LLC boosted its stake in shares of 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 valued at $58,277,000 after purchasing an additional 2,748,335 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in Sprott Physical Gold Trust by 74.1% during the third quarter. JPMorgan Chase & Co. now owns 395,289 shares of the exchange traded fund’s stock valued at $8,056,000 after buying an additional 168,288 shares during the period.

Sprott Physical Gold Trust Price Performance

Shares of NYSEARCA:PHYS opened at $22.14 on Friday. The firm has a 50 day moving average of $20.70 and a 200 day moving average of $20.24. Sprott Physical Gold Trust has a 52 week low of $15.31 and a 52 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.