10,000 Shares in Sprott Physical Gold Trust (NYSEARCA:PHYS) Acquired by Vontobel Holding Ltd.

Vontobel Holding Ltd. bought a new stake in Sprott Physical Gold Trust (NYSEARCA:PHYS) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 10,000 shares of the exchange traded fund’s stock, valued at approximately $204,000.

A number of other hedge funds and other institutional investors have also modified their holdings of PHYS. Brookstone Capital Management increased its position in Sprott Physical Gold Trust by 2.7% during the first quarter. Brookstone Capital Management now owns 126,629 shares of the exchange traded fund’s stock worth $2,191,000 after purchasing an additional 3,298 shares during the last quarter. Howard Financial Services LTD. purchased a new stake in shares of Sprott Physical Gold Trust in the 1st quarter valued at approximately $175,000. Sandy Cove Advisors LLC increased its holdings in shares of Sprott Physical Gold Trust by 27.9% during the 1st quarter. Sandy Cove Advisors LLC now owns 30,567 shares of the exchange traded fund’s stock worth $529,000 after buying an additional 6,667 shares during the last quarter. TCP Asset Management LLC raised its position in shares of Sprott Physical Gold Trust by 48.7% during the 1st quarter. TCP Asset Management LLC now owns 574,132 shares of the exchange traded fund’s stock valued at $9,932,000 after buying an additional 188,047 shares during the period. Finally, Ndwm LLC lifted its holdings in Sprott Physical Gold Trust by 34.7% in the first quarter. Ndwm LLC now owns 19,065 shares of the exchange traded fund’s stock valued at $330,000 after acquiring an additional 4,911 shares during the last quarter.

Sprott Physical Gold Trust Trading Down 1.1 %

Shares of Sprott Physical Gold Trust stock opened at $21.11 on Thursday. The stock has a 50 day moving average of $20.11 and a 200 day moving average of $18.96. Sprott Physical Gold Trust has a fifty-two week low of $15.09 and a fifty-two week high of $21.37.

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.