Arlington Trust Co LLC bought a new position in Sprott Physical Gold Trust (NYSEARCA:PHYS – Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 5,206 shares of the exchange traded fund’s stock, valued at approximately $106,000.
Several other institutional investors have also recently bought and sold shares of PHYS. Banque Cantonale Vaudoise bought a new stake in shares of Sprott Physical Gold Trust during the second quarter worth approximately $36,000. St. Johns Investment Management Company LLC acquired a new position in Sprott Physical Gold Trust in the third quarter valued at about $51,000. Sunbelt Securities Inc. bought a new position in Sprott Physical Gold Trust during the second quarter worth about $51,000. 1620 Investment Advisors Inc. acquired a new stake in Sprott Physical Gold Trust in the second quarter worth $55,000. Finally, Evermay Wealth Management LLC lifted its stake in Sprott Physical Gold Trust by 567.7% in the first quarter. Evermay Wealth Management LLC now owns 3,906 shares of the exchange traded fund’s stock valued at $68,000 after buying an additional 3,321 shares in the last quarter.
Sprott Physical Gold Trust Trading Down 0.3 %
NYSEARCA:PHYS traded down $0.07 on Friday, hitting $21.25. 2,018,765 shares of the company’s stock were exchanged, compared to its average volume of 2,056,096. The firm has a 50-day moving average price of $20.39 and a 200-day moving average price of $19.11. Sprott Physical Gold Trust has a 52 week low of $15.09 and a 52 week high of $21.70.
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.
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