16,400 Shares in Sprott Physical Gold Trust (NYSEARCA:PHYS) Acquired by Cutter & CO Brokerage Inc.

Cutter & CO Brokerage Inc. acquired a new position in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 16,400 shares of the exchange traded fund’s stock, valued at approximately $334,000.

Other institutional investors have also modified their holdings of the company. TCP Asset Management LLC increased its holdings in shares of Sprott Physical Gold Trust by 48.7% in the 1st quarter. TCP Asset Management LLC now owns 574,132 shares of the exchange traded fund’s stock valued at $9,932,000 after acquiring an additional 188,047 shares during the period. Ndwm LLC increased its holdings in shares of Sprott Physical Gold Trust by 34.7% in the 1st quarter. Ndwm LLC now owns 19,065 shares of the exchange traded fund’s stock valued at $330,000 after acquiring an additional 4,911 shares during the period. North Star Investment Management Corp. increased its holdings in shares of Sprott Physical Gold Trust by 11.0% in the 1st quarter. North Star Investment Management Corp. now owns 90,229 shares of the exchange traded fund’s stock valued at $1,561,000 after acquiring an additional 8,950 shares during the period. Private Advisor Group LLC increased its stake in Sprott Physical Gold Trust by 88.8% in the 1st quarter. Private Advisor Group LLC now owns 777,048 shares of the exchange traded fund’s stock valued at $13,443,000 after buying an additional 365,371 shares during the period. Finally, Fidelis Capital Partners LLC increased its stake in Sprott Physical Gold Trust by 1,039.8% in the 1st quarter. Fidelis Capital Partners LLC now owns 550,280 shares of the exchange traded fund’s stock valued at $9,520,000 after buying an additional 502,000 shares during the period.

Sprott Physical Gold Trust Stock Performance

PHYS traded up $0.13 during trading on Tuesday, hitting $21.43. The stock had a trading volume of 123,242 shares, compared to its average volume of 2,026,422. The company’s 50-day moving average price is $20.23 and its 200 day moving average price is $19.03. Sprott Physical Gold Trust has a twelve month low of $15.09 and a twelve month high of $21.44.

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.