Eaton Financial Holdings Company LLC Makes New $6.76 Million Investment in Sprott Physical Gold Trust $PHYS

Eaton Financial Holdings Company LLC acquired a new stake in Sprott Physical Gold Trust (NYSEARCA:PHYS) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 204,814 shares of the exchange traded fund’s stock, valued at approximately $6,763,000. Sprott Physical Gold Trust comprises approximately 1.8% of Eaton Financial Holdings Company LLC’s investment portfolio, making the stock its 15th largest position.

Several other institutional investors have also modified their holdings of PHYS. Kohmann Bosshard Financial Services LLC bought a new stake in shares of Sprott Physical Gold Trust in the 4th quarter valued at approximately $33,000. Financial Management Professionals Inc. bought a new stake in shares of Sprott Physical Gold Trust in the 4th quarter valued at approximately $36,000. Eastern Bank bought a new stake in shares of Sprott Physical Gold Trust in the 4th quarter valued at approximately $47,000. Strategic Advocates LLC bought a new stake in shares of Sprott Physical Gold Trust in the 3rd quarter valued at approximately $51,000. Finally, Legacy Wealth Managment LLC ID lifted its stake in shares of Sprott Physical Gold Trust by 49.3% in the 4th quarter. Legacy Wealth Managment LLC ID now owns 2,162 shares of the exchange traded fund’s stock valued at $71,000 after purchasing an additional 714 shares during the last quarter.

Sprott Physical Gold Trust Stock Down 1.3%

NYSEARCA:PHYS opened at $33.68 on Thursday. Sprott Physical Gold Trust has a 1 year low of $24.86 and a 1 year high of $42.07. The business has a 50 day simple moving average of $35.18 and a 200-day simple moving average of $35.22.

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.