PFG Investments LLC Acquires 24,698 Shares of Sprott Physical Gold Trust (NYSEARCA:PHYS)

PFG Investments LLC raised its stake in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 10.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 256,220 shares of the exchange traded fund’s stock after purchasing an additional 24,698 shares during the period. PFG Investments LLC owned 0.06% of Sprott Physical Gold Trust worth $5,222,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of PHYS. St. Johns Investment Management Company LLC bought a new position in Sprott Physical Gold Trust during the 3rd quarter valued at about $51,000. Pettinga Financial Advisors LLC grew its stake in shares of Sprott Physical Gold Trust by 8.2% during the third quarter. Pettinga Financial Advisors LLC now owns 35,647 shares of the exchange traded fund’s stock valued at $726,000 after buying an additional 2,700 shares during the last quarter. Silver Oak Securities Incorporated raised its holdings in shares of Sprott Physical Gold Trust by 69.2% in the third quarter. Silver Oak Securities Incorporated now owns 40,306 shares of the exchange traded fund’s stock worth $825,000 after buying an additional 16,481 shares during the period. Dakota Wealth Management lifted its stake in shares of Sprott Physical Gold Trust by 55.2% during the 3rd quarter. Dakota Wealth Management now owns 97,956 shares of the exchange traded fund’s stock worth $1,996,000 after acquiring an additional 34,844 shares during the last quarter. Finally, International Assets Investment Management LLC boosted its holdings in Sprott Physical Gold Trust by 2,471.9% during the 3rd quarter. International Assets Investment Management LLC now owns 2,859,518 shares of the exchange traded fund’s stock valued at $58,277,000 after acquiring an additional 2,748,335 shares during the period.

Sprott Physical Gold Trust Stock Performance

Sprott Physical Gold Trust stock traded up $0.08 during mid-day trading on Friday, hitting $21.33. The company’s stock had a trading volume of 2,031,929 shares, compared to its average volume of 2,034,728. Sprott Physical Gold Trust has a one year low of $15.09 and a one year high of $21.37. The company has a 50 day moving average of $20.19 and a 200-day moving average of $19.00.

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.