Moors & Cabot Inc. Raises Stake in Sprott Physical Gold Trust (NYSEARCA:PHYS)

Moors & Cabot Inc. boosted its holdings in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 1.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 147,036 shares of the exchange traded fund’s stock after acquiring an additional 2,602 shares during the period. Moors & Cabot Inc.’s holdings in Sprott Physical Gold Trust were worth $2,961,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the business. Fairway Wealth LLC purchased a new position in Sprott Physical Gold Trust in the fourth quarter worth about $224,000. Independent Advisor Alliance purchased a new position in Sprott Physical Gold Trust in the fourth quarter worth about $249,000. Schwarz Dygos Wheeler Investment Advisors LLC raised its holdings in Sprott Physical Gold Trust by 2.8% in the fourth quarter. Schwarz Dygos Wheeler Investment Advisors LLC now owns 838,809 shares of the exchange traded fund’s stock worth $16,894,000 after buying an additional 22,866 shares during the last quarter. Sound View Wealth Advisors Group LLC raised its holdings in Sprott Physical Gold Trust by 4.6% in the fourth quarter. Sound View Wealth Advisors Group LLC now owns 16,700 shares of the exchange traded fund’s stock worth $336,000 after buying an additional 741 shares during the last quarter. Finally, Sowell Financial Services LLC raised its holdings in Sprott Physical Gold Trust by 27.1% in the fourth quarter. Sowell Financial Services LLC now owns 41,142 shares of the exchange traded fund’s stock worth $829,000 after buying an additional 8,777 shares during the last quarter.

Sprott Physical Gold Trust Stock Up 0.6 %

Shares of Sprott Physical Gold Trust stock opened at $22.78 on Thursday. Sprott Physical Gold Trust has a 52-week low of $16.66 and a 52-week high of $22.91. The company has a 50-day simple moving average of $21.79 and a two-hundred day simple moving average of $20.86.

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.