Avidian Wealth Enterprises LLC Has $2.34 Million Stake in Sprott Physical Gold Trust $PHYS

Avidian Wealth Enterprises LLC lifted its position in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 0.8% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 92,454 shares of the exchange traded fund’s stock after purchasing an additional 772 shares during the quarter. Avidian Wealth Enterprises LLC’s holdings in Sprott Physical Gold Trust were worth $2,344,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the company. Evermay Wealth Management LLC raised its stake in shares of Sprott Physical Gold Trust by 11.3% in the second quarter. Evermay Wealth Management LLC now owns 4,347 shares of the exchange traded fund’s stock valued at $110,000 after purchasing an additional 441 shares in the last quarter. International Assets Investment Management LLC raised its stake in shares of Sprott Physical Gold Trust by 12.2% in the second quarter. International Assets Investment Management LLC now owns 12,426 shares of the exchange traded fund’s stock valued at $315,000 after purchasing an additional 1,350 shares in the last quarter. Tradewinds Capital Management LLC raised its stake in shares of Sprott Physical Gold Trust by 59.8% in the second quarter. Tradewinds Capital Management LLC now owns 1,088 shares of the exchange traded fund’s stock valued at $28,000 after purchasing an additional 407 shares in the last quarter. Stratos Wealth Partners LTD. raised its stake in shares of Sprott Physical Gold Trust by 0.3% in the second quarter. Stratos Wealth Partners LTD. now owns 160,105 shares of the exchange traded fund’s stock valued at $4,059,000 after purchasing an additional 428 shares in the last quarter. Finally, Stratos Wealth Advisors LLC raised its stake in shares of Sprott Physical Gold Trust by 26.8% in the second quarter. Stratos Wealth Advisors LLC now owns 18,474 shares of the exchange traded fund’s stock valued at $468,000 after purchasing an additional 3,907 shares in the last quarter.

Sprott Physical Gold Trust Trading Up 3.4%

Sprott Physical Gold Trust stock opened at $33.31 on Tuesday. The stock has a fifty day moving average price of $28.35 and a two-hundred day moving average price of $26.38. Sprott Physical Gold Trust has a 52-week low of $19.63 and a 52-week high of $33.31.

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.