Concourse Financial Group Securities Inc. Acquires 615 Shares of Sprott Physical Gold Trust (NYSEARCA:PHYS)

Concourse Financial Group Securities Inc. increased its holdings in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 9.8% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 6,893 shares of the exchange traded fund’s stock after purchasing an additional 615 shares during the quarter. Concourse Financial Group Securities Inc.’s holdings in Sprott Physical Gold Trust were worth $140,000 as of its most recent filing with the SEC.

Other large investors have also bought and sold shares of the company. Banque Cantonale Vaudoise bought a new position in shares of Sprott Physical Gold Trust in the second quarter valued at $36,000. Sunbelt Securities Inc. acquired a new stake in Sprott Physical Gold Trust during the 2nd quarter valued at $51,000. 1620 Investment Advisors Inc. acquired a new stake in Sprott Physical Gold Trust during the 2nd quarter valued at $55,000. Evermay Wealth Management LLC lifted its holdings in Sprott Physical Gold Trust by 567.7% during the 1st quarter. Evermay Wealth Management LLC now owns 3,906 shares of the exchange traded fund’s stock valued at $68,000 after purchasing an additional 3,321 shares during the last quarter. Finally, St. Johns Investment Management Company LLC acquired a new stake in Sprott Physical Gold Trust during the 1st quarter valued at $104,000.

Sprott Physical Gold Trust Price Performance

PHYS opened at $21.13 on Friday. Sprott Physical Gold Trust has a fifty-two week low of $15.09 and a fifty-two week high of $21.15. The stock has a fifty day moving average of $19.99 and a 200-day moving average of $18.88.

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.