Walser Wealth Management Company A Ltd Liability Co Takes $880,000 Position in Sprott Physical Gold Trust $PHYS

Walser Wealth Management Company A Ltd Liability Co purchased a new stake in Sprott Physical Gold Trust (NYSEARCA:PHYS) in the 4th quarter, HoldingsChannel reports. The firm purchased 26,662 shares of the exchange traded fund’s stock, valued at approximately $880,000.

A number of other large investors also recently bought and sold shares of the business. Kohmann Bosshard Financial Services LLC purchased a new position in Sprott Physical Gold Trust during the fourth quarter worth approximately $33,000. Financial Management Professionals Inc. acquired a new stake in Sprott Physical Gold Trust in the fourth quarter valued at approximately $36,000. Eastern Bank purchased a new stake in shares of Sprott Physical Gold Trust in the fourth quarter valued at approximately $47,000. Strategic Advocates LLC purchased a new stake in shares of Sprott Physical Gold Trust in the third quarter valued at approximately $51,000. Finally, Mcguire Capital Advisors Inc. acquired a new position in shares of Sprott Physical Gold Trust during the 4th quarter worth approximately $64,000.

Sprott Physical Gold Trust Stock Down 0.4%

Shares of PHYS stock opened at $31.82 on Friday. Sprott Physical Gold Trust has a 1-year low of $24.86 and a 1-year high of $42.07. The stock has a 50 day simple moving average of $34.49 and a 200-day simple moving average of $35.38.

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.