Sprott Physical Gold Trust (NYSEARCA:PHYS) Shares Purchased by WT Wealth Management

WT Wealth Management boosted its stake in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 60.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,725 shares of the exchange traded fund’s stock after buying an additional 6,325 shares during the period. WT Wealth Management’s holdings in Sprott Physical Gold Trust were worth $353,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in PHYS. Concourse Financial Group Securities Inc. grew its stake in shares of Sprott Physical Gold Trust by 9.8% in the third quarter. Concourse Financial Group Securities Inc. now owns 6,893 shares of the exchange traded fund’s stock worth $140,000 after purchasing an additional 615 shares in the last quarter. Geneos Wealth Management Inc. grew its stake in shares of Sprott Physical Gold Trust by 0.3% in the second quarter. Geneos Wealth Management Inc. now owns 251,686 shares of the exchange traded fund’s stock worth $4,545,000 after purchasing an additional 851 shares in the last quarter. Foundations Investment Advisors LLC grew its stake in shares of Sprott Physical Gold Trust by 4.8% in the third quarter. Foundations Investment Advisors LLC now owns 20,082 shares of the exchange traded fund’s stock worth $409,000 after purchasing an additional 917 shares in the last quarter. Moors & Cabot Inc. boosted its stake in Sprott Physical Gold Trust by 0.7% during the second quarter. Moors & Cabot Inc. now owns 140,209 shares of the exchange traded fund’s stock valued at $2,532,000 after buying an additional 999 shares in the last quarter. Finally, ADE LLC boosted its stake in Sprott Physical Gold Trust by 2.5% during the second quarter. ADE LLC now owns 44,310 shares of the exchange traded fund’s stock valued at $800,000 after buying an additional 1,100 shares in the last quarter.

Sprott Physical Gold Trust Trading Up 1.0 %

PHYS stock traded up $0.21 during trading hours on Tuesday, hitting $21.35. 1,642,925 shares of the stock traded hands, compared to its average volume of 2,032,723. The stock has a 50-day simple moving average of $20.03 and a 200 day simple moving average of $18.92. Sprott Physical Gold Trust has a one year low of $15.09 and a one year high of $21.37.

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.