180 Wealth Advisors LLC Buys Shares of 16,355 Sprott Physical Gold Trust $PHYS

180 Wealth Advisors LLC bought a new position in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 16,355 shares of the exchange traded fund’s stock, valued at approximately $540,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Manchester Capital Management LLC acquired a new stake in shares of Sprott Physical Gold Trust in the second quarter valued at approximately $25,000. Transce3nd LLC raised its position in shares of Sprott Physical Gold Trust by 129.5% during the 2nd quarter. Transce3nd LLC now owns 1,515 shares of the exchange traded fund’s stock worth $38,000 after purchasing an additional 855 shares during the last quarter. Strategic Advocates LLC acquired a new position in shares of Sprott Physical Gold Trust during the 3rd quarter worth approximately $51,000. Franklin Resources Inc. purchased a new stake in Sprott Physical Gold Trust in the 3rd quarter valued at approximately $74,000. Finally, Smartleaf Asset Management LLC lifted its stake in Sprott Physical Gold Trust by 80.1% in the 2nd quarter. Smartleaf Asset Management LLC now owns 3,937 shares of the exchange traded fund’s stock valued at $98,000 after buying an additional 1,751 shares in the last quarter.

Sprott Physical Gold Trust Trading Up 0.1%

Shares of NYSEARCA:PHYS opened at $33.24 on Wednesday. Sprott Physical Gold Trust has a one year low of $22.72 and a one year high of $42.07. The business’s fifty day moving average price is $37.69 and its two-hundred day moving average price is $33.57.

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.