Intrua Financial LLC Makes New Investment in Sprott Physical Gold Trust $PHYS

Intrua Financial LLC acquired a new position in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 63,399 shares of the exchange traded fund’s stock, valued at approximately $1,525,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Royal Bank of Canada lifted its stake in Sprott Physical Gold Trust by 18.3% during the first quarter. Royal Bank of Canada now owns 7,917,978 shares of the exchange traded fund’s stock worth $190,507,000 after purchasing an additional 1,225,695 shares during the last quarter. Pekin Hardy Strauss Inc. lifted its position in shares of Sprott Physical Gold Trust by 0.7% during the 1st quarter. Pekin Hardy Strauss Inc. now owns 4,226,558 shares of the exchange traded fund’s stock worth $101,691,000 after buying an additional 29,770 shares during the last quarter. Cambridge Investment Research Advisors Inc. boosted its holdings in shares of Sprott Physical Gold Trust by 2.9% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 2,367,177 shares of the exchange traded fund’s stock valued at $56,954,000 after buying an additional 66,054 shares in the last quarter. Matauro LLC grew its position in shares of Sprott Physical Gold Trust by 7.8% in the 1st quarter. Matauro LLC now owns 2,141,018 shares of the exchange traded fund’s stock valued at $51,513,000 after buying an additional 154,057 shares during the last quarter. Finally, Jupiter Asset Management Ltd. grew its position in shares of Sprott Physical Gold Trust by 10.9% in the 1st quarter. Jupiter Asset Management Ltd. now owns 1,953,178 shares of the exchange traded fund’s stock valued at $47,062,000 after buying an additional 192,612 shares during the last quarter.

Sprott Physical Gold Trust Trading Up 0.4%

Shares of NYSEARCA:PHYS opened at $28.03 on Thursday. Sprott Physical Gold Trust has a 12 month low of $19.48 and a 12 month high of $28.27. The company’s fifty day moving average price is $26.00 and its 200 day moving average price is $25.04.

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.