Hengehold Capital Management LLC Boosts Holdings in Sprott Physical Gold Trust $PHYS

Hengehold Capital Management LLC raised its position in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 4.6% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 477,575 shares of the exchange traded fund’s stock after purchasing an additional 21,124 shares during the period. Sprott Physical Gold Trust accounts for 1.2% of Hengehold Capital Management LLC’s investment portfolio, making the stock its 20th biggest position. Hengehold Capital Management LLC owned about 0.10% of Sprott Physical Gold Trust worth $14,146,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in PHYS. Royal Bank of Canada boosted its stake in Sprott Physical Gold Trust by 18.3% during the first quarter. Royal Bank of Canada now owns 7,917,978 shares of the exchange traded fund’s stock valued at $190,507,000 after buying an additional 1,225,695 shares during the period. Pekin Hardy Strauss Inc. boosted its position in shares of Sprott Physical Gold Trust by 2.0% during the 2nd quarter. Pekin Hardy Strauss Inc. now owns 4,310,858 shares of the exchange traded fund’s stock valued at $109,280,000 after acquiring an additional 84,300 shares during the last quarter. IMC Chicago LLC boosted its position in shares of Sprott Physical Gold Trust by 2,849.6% during the 2nd quarter. IMC Chicago LLC now owns 3,204,243 shares of the exchange traded fund’s stock valued at $81,228,000 after acquiring an additional 3,095,611 shares during the last quarter. Captrust Financial Advisors grew its holdings in shares of Sprott Physical Gold Trust by 0.9% during the second quarter. Captrust Financial Advisors now owns 2,453,340 shares of the exchange traded fund’s stock worth $62,192,000 after purchasing an additional 22,778 shares in the last quarter. Finally, Jupiter Asset Management Ltd. increased its position in shares of Sprott Physical Gold Trust by 15.2% in the second quarter. Jupiter Asset Management Ltd. now owns 2,249,508 shares of the exchange traded fund’s stock worth $56,811,000 after purchasing an additional 296,330 shares during the last quarter.

Sprott Physical Gold Trust Stock Up 1.3%

Shares of PHYS opened at $34.73 on Friday. Sprott Physical Gold Trust has a 1-year low of $19.96 and a 1-year high of $34.83. The firm’s 50 day simple moving average is $31.80 and its 200 day simple moving average is $28.70.

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. The company was founded on August 28, 2009 and is headquartered in Toronto, Canada.