Enclave Advisors LLC bought a new position in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS – Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm bought 91,527 shares of the exchange traded fund’s stock, valued at approximately $3,022,000.
Other institutional investors have also recently bought and sold shares of the company. Transce3nd LLC boosted its holdings in shares of Sprott Physical Gold Trust by 129.5% in the second quarter. Transce3nd LLC now owns 1,515 shares of the exchange traded fund’s stock valued at $38,000 after buying an additional 855 shares during the period. Strategic Advocates LLC bought a new stake in shares of Sprott Physical Gold Trust during the third quarter worth $51,000. Franklin Resources Inc. acquired a new stake in shares of Sprott Physical Gold Trust during the third quarter worth $74,000. Assetmark Inc. raised its holdings in shares of Sprott Physical Gold Trust by 60.7% during the third quarter. Assetmark Inc. now owns 3,673 shares of the exchange traded fund’s stock worth $109,000 after acquiring an additional 1,388 shares during the period. Finally, Sound Income Strategies LLC lifted its position in Sprott Physical Gold Trust by 267.7% in the 3rd quarter. Sound Income Strategies LLC now owns 3,769 shares of the exchange traded fund’s stock valued at $115,000 after acquiring an additional 2,744 shares in the last quarter.
Sprott Physical Gold Trust Stock Up 3.3%
PHYS opened at $34.11 on Friday. Sprott Physical Gold Trust has a 12 month low of $22.72 and a 12 month high of $42.07. The firm’s fifty day simple moving average is $37.61 and its 200 day simple moving average is $33.62.
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. The company was founded on August 28, 2009 and is headquartered in Toronto, Canada.
See Also
Want to see what other hedge funds are holding PHYS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Sprott Physical Gold Trust (NYSEARCA:PHYS – Free Report).
Receive News & Ratings for Sprott Physical Gold Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sprott Physical Gold Trust and related companies with MarketBeat.com's FREE daily email newsletter.
