US Bancorp DE Has $1.58 Million Stock Position in Sprott Physical Gold Trust (NYSEARCA:PHYS)

US Bancorp DE lowered its stake in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 3.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 78,345 shares of the exchange traded fund’s stock after selling 3,190 shares during the period. US Bancorp DE’s holdings in Sprott Physical Gold Trust were worth $1,578,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Pekin Hardy Strauss Inc. grew its holdings in shares of Sprott Physical Gold Trust by 3.6% during the fourth quarter. Pekin Hardy Strauss Inc. now owns 4,196,788 shares of the exchange traded fund’s stock worth $84,523,000 after purchasing an additional 144,824 shares during the last quarter. Captrust Financial Advisors lifted its stake in Sprott Physical Gold Trust by 13.9% in the third quarter. Captrust Financial Advisors now owns 2,277,485 shares of the exchange traded fund’s stock valued at $46,415,000 after buying an additional 277,117 shares during the period. Sprott Inc. lifted its stake in Sprott Physical Gold Trust by 14.9% in the fourth quarter. Sprott Inc. now owns 2,087,486 shares of the exchange traded fund’s stock valued at $42,043,000 after buying an additional 270,064 shares during the period. IMC Chicago LLC lifted its stake in Sprott Physical Gold Trust by 5,078.7% in the fourth quarter. IMC Chicago LLC now owns 2,025,763 shares of the exchange traded fund’s stock valued at $40,799,000 after buying an additional 1,986,646 shares during the period. Finally, Matauro LLC bought a new stake in shares of Sprott Physical Gold Trust during the fourth quarter valued at approximately $40,017,000.

Sprott Physical Gold Trust Stock Performance

NYSEARCA PHYS opened at $22.70 on Friday. The business has a 50 day moving average price of $21.63 and a 200-day moving average price of $20.79. Sprott Physical Gold Trust has a 52 week low of $16.66 and a 52 week high of $22.91.

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.