Compass Financial Management LLC Takes Position in Sprott Physical Gold Trust $PHYS

Compass Financial Management LLC bought a new position in Sprott Physical Gold Trust (NYSEARCA:PHYS) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 37,628 shares of the exchange traded fund’s stock, valued at approximately $1,161,000.

Other institutional investors have also recently bought and sold shares of the company. Kohmann Bosshard Financial Services LLC purchased a new position in Sprott Physical Gold Trust during the fourth quarter worth approximately $33,000. Scarborough Advisors LLC boosted its holdings in shares of Sprott Physical Gold Trust by 2,202.0% in the 1st quarter. Scarborough Advisors LLC now owns 1,151 shares of the exchange traded fund’s stock valued at $41,000 after purchasing an additional 1,101 shares during the last quarter. Main Street Group LTD purchased a new stake in shares of Sprott Physical Gold Trust during the 1st quarter valued at $54,000. Mcguire Capital Advisors Inc. purchased a new stake in shares of Sprott Physical Gold Trust during the 4th quarter valued at $64,000. Finally, Legacy Wealth Managment LLC ID grew its stake in shares of Sprott Physical Gold Trust by 49.3% during the 4th quarter. Legacy Wealth Managment LLC ID now owns 2,162 shares of the exchange traded fund’s stock valued at $71,000 after buying an additional 714 shares during the period.

Sprott Physical Gold Trust Stock Performance

PHYS stock opened at $35.00 on Monday. The business has a fifty day simple moving average of $31.52 and a 200-day simple moving average of $34.39. Sprott Physical Gold Trust has a 52 week low of $25.55 and a 52 week high of $42.07.

Sprott Physical Gold Trust Profile

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.