Discipline Wealth Solutions LLC Takes Position in Sprott Physical Gold Trust $PHYS

Discipline Wealth Solutions LLC purchased a new position in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 31,501 shares of the exchange traded fund’s stock, valued at approximately $1,116,000.

Other large investors also recently added to or reduced their stakes in the company. Kohmann Bosshard Financial Services LLC purchased a new stake in Sprott Physical Gold Trust during the fourth quarter valued at about $33,000. Financial Management Professionals Inc. purchased a new position in shares of Sprott Physical Gold Trust in the fourth quarter worth about $36,000. Eastern Bank bought a new stake in shares of Sprott Physical Gold Trust in the fourth quarter valued at approximately $47,000. Strategic Advocates LLC bought a new stake in shares of Sprott Physical Gold Trust in the third quarter valued at approximately $51,000. Finally, Mcguire Capital Advisors Inc. purchased a new stake in shares of Sprott Physical Gold Trust during the 4th quarter valued at approximately $64,000.

Sprott Physical Gold Trust Stock Down 0.7%

PHYS opened at $31.59 on Tuesday. The company has a 50 day moving average of $34.31 and a 200 day moving average of $35.37. Sprott Physical Gold Trust has a 12 month low of $24.86 and a 12 month high of $42.07.

Sprott Physical Gold Trust Company 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.