Sprott Physical Gold Trust $PHYS Shares Acquired by Kiker Wealth Management LLC

Kiker Wealth Management LLC increased its position in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 25.4% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 32,607 shares of the exchange traded fund’s stock after purchasing an additional 6,603 shares during the quarter. Kiker Wealth Management LLC’s holdings in Sprott Physical Gold Trust were worth $827,000 as of its most recent SEC filing.

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

Sprott Physical Gold Trust Stock Up 2.2%

Shares of PHYS stock opened at $31.39 on Tuesday. The stock has a 50 day simple moving average of $27.69 and a 200-day simple moving average of $26.09. Sprott Physical Gold Trust has a 1-year low of $19.63 and a 1-year high of $31.40.

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.