Rothschild Wealth LLC purchased a new stake in Sprott Physical Gold Trust (NYSEARCA:PHYS – Free Report) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 199,762 shares of the exchange traded fund’s stock, valued at approximately $6,596,000.
A number of other hedge funds also recently bought and sold shares of PHYS. AQR Capital Management LLC acquired a new stake in Sprott Physical Gold Trust in the 1st quarter valued at about $260,000. Focus Partners Wealth acquired a new stake in Sprott Physical Gold Trust in the 1st quarter valued at about $200,000. Cerity Partners LLC raised its position in Sprott Physical Gold Trust by 14.0% in the 2nd quarter. Cerity Partners LLC now owns 77,964 shares of the exchange traded fund’s stock valued at $1,976,000 after purchasing an additional 9,585 shares in the last quarter. NewEdge Advisors LLC raised its position in Sprott Physical Gold Trust by 43.6% in the 2nd quarter. NewEdge Advisors LLC now owns 91,329 shares of the exchange traded fund’s stock valued at $2,315,000 after purchasing an additional 27,724 shares in the last quarter. Finally, Darwin Wealth Management LLC acquired a new stake in Sprott Physical Gold Trust in the 2nd quarter valued at about $489,000.
Sprott Physical Gold Trust Stock Up 0.2%
PHYS stock opened at $32.62 on Wednesday. The business’s 50-day moving average is $34.63 and its two-hundred day moving average is $35.38. Sprott Physical Gold Trust has a 1 year low of $24.86 and a 1 year high of $42.07.
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. The company was founded on August 28, 2009 and is headquartered in Toronto, Canada.
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