Sankala Group LLC Buys New Position in Sprott Physical Gold Trust $PHYS

Sankala Group LLC purchased a new position in shares of Sprott Physical Gold Trust (NYSEARCA:PHYSFree Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 18,740 shares of the exchange traded fund’s stock, valued at approximately $619,000.

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

Sprott Physical Gold Trust Price Performance

Sprott Physical Gold Trust stock opened at $31.82 on Friday. Sprott Physical Gold Trust has a 12-month low of $24.86 and a 12-month high of $42.07. The firm’s fifty day moving average price is $34.41 and its 200 day moving average price is $35.35.

Sprott Physical Gold Trust Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Sprott Physical Gold Trust (NYSEARCA:PHYS)

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