Almanack Investment Partners LLC. Raises Stock Position in Sprott Physical Gold Trust $PHYS

Almanack Investment Partners LLC. lifted its position in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 90.3% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 17,125 shares of the exchange traded fund’s stock after buying an additional 8,125 shares during the period. Almanack Investment Partners LLC.’s holdings in Sprott Physical Gold Trust were worth $434,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of PHYS. Wealth Enhancement Advisory Services LLC grew its position in shares of Sprott Physical Gold Trust by 131.2% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 1,172,384 shares of the exchange traded fund’s stock worth $28,208,000 after buying an additional 665,199 shares during the last quarter. Sowell Financial Services LLC grew its position in shares of Sprott Physical Gold Trust by 24.3% in the 1st quarter. Sowell Financial Services LLC now owns 51,127 shares of the exchange traded fund’s stock worth $1,230,000 after buying an additional 9,985 shares during the last quarter. Insigneo Advisory Services LLC boosted its stake in Sprott Physical Gold Trust by 16.4% in the 1st quarter. Insigneo Advisory Services LLC now owns 101,100 shares of the exchange traded fund’s stock worth $2,432,000 after purchasing an additional 14,250 shares in the last quarter. Cushing Capital Partners LLC acquired a new stake in Sprott Physical Gold Trust in the 1st quarter worth approximately $210,000. Finally, ORG Wealth Partners LLC boosted its stake in Sprott Physical Gold Trust by 5,735.6% in the 1st quarter. ORG Wealth Partners LLC now owns 60,690 shares of the exchange traded fund’s stock worth $1,465,000 after purchasing an additional 59,650 shares in the last quarter.

Sprott Physical Gold Trust Trading Up 1.0%

PHYS stock opened at $30.70 on Monday. The firm has a 50 day moving average of $27.58 and a 200 day moving average of $26.03. Sprott Physical Gold Trust has a 52 week low of $19.63 and a 52 week high of $31.10.

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.