Capital Wealth Alliance LLC Buys 655 Shares of Sprott Physical Gold Trust $PHYS

Capital Wealth Alliance LLC increased its stake in shares of Sprott Physical Gold Trust (NYSEARCA:PHYSFree Report) by 0.1% during the second quarter, Holdings Channel.com reports. The institutional investor owned 972,985 shares of the exchange traded fund’s stock after buying an additional 655 shares during the quarter. Sprott Physical Gold Trust accounts for about 13.3% of Capital Wealth Alliance LLC’s investment portfolio, making the stock its 2nd biggest holding. Capital Wealth Alliance LLC’s holdings in Sprott Physical Gold Trust were worth $24,659,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Ameriflex Group Inc. increased its holdings in shares of Sprott Physical Gold Trust by 66.7% in the second quarter. Ameriflex Group Inc. now owns 1,000 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 400 shares during the period. Tradewinds Capital Management LLC boosted its position in Sprott Physical Gold Trust by 59.8% in the second quarter. Tradewinds Capital Management LLC now owns 1,088 shares of the exchange traded fund’s stock valued at $28,000 after buying an additional 407 shares during the last quarter. Cheviot Value Management LLC purchased a new stake in Sprott Physical Gold Trust in the first quarter valued at approximately $30,000. Hilltop National Bank acquired a new position in Sprott Physical Gold Trust in the 2nd quarter worth approximately $32,000. Finally, Assetmark Inc. purchased a new position in Sprott Physical Gold Trust during the 1st quarter worth approximately $31,000.

Sprott Physical Gold Trust Stock Performance

Shares of NYSEARCA PHYS opened at $30.89 on Thursday. The company has a 50 day simple moving average of $28.56 and a two-hundred day simple moving average of $26.45. Sprott Physical Gold Trust has a 12 month low of $19.63 and a 12 month high of $33.31.

Sprott Physical Gold Trust Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Sprott Physical Gold Trust (NYSEARCA:PHYS)

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