Cutter & CO Brokerage Inc. Buys 4,850 Shares of Sprott Physical Gold Trust (NYSEARCA:PHYS)

Cutter & CO Brokerage Inc. raised its stake in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 29.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 21,250 shares of the exchange traded fund’s stock after acquiring an additional 4,850 shares during the period. Cutter & CO Brokerage Inc.’s holdings in Sprott Physical Gold Trust were worth $428,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Legacy Investment Solutions LLC bought a new position in Sprott Physical Gold Trust during the 3rd quarter valued at $28,000. Missouri Trust & Investment Co increased its position in shares of Sprott Physical Gold Trust by 160.9% during the 3rd quarter. Missouri Trust & Investment Co now owns 2,609 shares of the exchange traded fund’s stock valued at $53,000 after purchasing an additional 1,609 shares during the last quarter. First Horizon Advisors Inc. purchased a new stake in shares of Sprott Physical Gold Trust during the 3rd quarter valued at $54,000. Salomon & Ludwin LLC purchased a new stake in shares of Sprott Physical Gold Trust during the 4th quarter valued at $65,000. Finally, AdvisorNet Financial Inc increased its position in shares of Sprott Physical Gold Trust by 7,000.0% during the 4th quarter. AdvisorNet Financial Inc now owns 3,550 shares of the exchange traded fund’s stock valued at $71,000 after purchasing an additional 3,500 shares during the last quarter.

Sprott Physical Gold Trust Stock Down 1.2 %

Shares of Sprott Physical Gold Trust stock opened at $22.61 on Wednesday. Sprott Physical Gold Trust has a 1 year low of $15.59 and a 1 year high of $22.91. The stock has a fifty day moving average price of $21.25 and a 200-day moving average price of $20.62.

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.