Natixis Advisors LLC acquired a new position in Sprott Physical Gold Trust (NYSEARCA:PHYS – Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 10,740 shares of the exchange traded fund’s stock, valued at approximately $219,000.
Several other institutional investors also recently modified their holdings of PHYS. Concourse Financial Group Securities Inc. boosted its position in Sprott Physical Gold Trust by 9.8% during the third quarter. Concourse Financial Group Securities Inc. now owns 6,893 shares of the exchange traded fund’s stock valued at $140,000 after acquiring an additional 615 shares during the last quarter. Tompkins Financial Corp boosted its position in Sprott Physical Gold Trust by 1.6% during the third quarter. Tompkins Financial Corp now owns 43,700 shares of the exchange traded fund’s stock valued at $891,000 after acquiring an additional 700 shares during the last quarter. BSW Wealth Partners raised its holdings in shares of Sprott Physical Gold Trust by 3.1% during the third quarter. BSW Wealth Partners now owns 23,327 shares of the exchange traded fund’s stock valued at $475,000 after purchasing an additional 703 shares during the period. Sigma Planning Corp raised its holdings in shares of Sprott Physical Gold Trust by 1.1% during the third quarter. Sigma Planning Corp now owns 62,790 shares of the exchange traded fund’s stock valued at $1,280,000 after purchasing an additional 712 shares during the period. Finally, Geneos Wealth Management Inc. raised its holdings in shares of Sprott Physical Gold Trust by 0.3% during the second quarter. Geneos Wealth Management Inc. now owns 251,686 shares of the exchange traded fund’s stock valued at $4,545,000 after purchasing an additional 851 shares during the period.
Sprott Physical Gold Trust Trading Up 1.0 %
Shares of NYSEARCA PHYS opened at $20.46 on Friday. The firm’s 50-day moving average price is $20.65 and its 200-day moving average price is $19.41. Sprott Physical Gold Trust has a 1-year low of $15.31 and a 1-year high of $21.70.
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.
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