Kestra Private Wealth Services LLC Acquires 6,353 Shares of Sprott Physical Gold Trust (NYSEARCA:PHYS)

Kestra Private Wealth Services LLC lifted its holdings in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 14.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 50,934 shares of the exchange traded fund’s stock after acquiring an additional 6,353 shares during the period. Kestra Private Wealth Services LLC’s holdings in Sprott Physical Gold Trust were worth $1,026,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in PHYS. International Assets Investment Management LLC lifted its stake in Sprott Physical Gold Trust by 2,471.9% in the third quarter. International Assets Investment Management LLC now owns 2,859,518 shares of the exchange traded fund’s stock worth $58,277,000 after purchasing an additional 2,748,335 shares during the last quarter. IMC Chicago LLC lifted its stake in Sprott Physical Gold Trust by 5,078.7% in the fourth quarter. IMC Chicago LLC now owns 2,025,763 shares of the exchange traded fund’s stock worth $40,799,000 after purchasing an additional 1,986,646 shares during the last quarter. Raymond James & Associates lifted its stake in Sprott Physical Gold Trust by 73.3% in the third 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 last quarter. Captrust Financial Advisors lifted its stake in Sprott Physical Gold Trust by 13.9% in the third quarter. Captrust Financial Advisors now owns 2,277,485 shares of the exchange traded fund’s stock worth $46,415,000 after purchasing an additional 277,117 shares during the last quarter. Finally, Kera Capital Partners Inc. bought a new stake in Sprott Physical Gold Trust in the fourth quarter worth about $4,512,000.

Sprott Physical Gold Trust Price Performance

Shares of NYSEARCA PHYS opened at $22.68 on Friday. Sprott Physical Gold Trust has a 1 year low of $15.31 and a 1 year high of $22.71. The firm has a 50-day simple moving average of $20.91 and a two-hundred day simple moving average of $20.38.

Sprott Physical Gold Trust Company 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.