Silver Oak Securities Incorporated Has $1.36 Million Stock Position in Sprott Physical Gold Trust $PHYS

Silver Oak Securities Incorporated lessened its position in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 51.0% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 38,503 shares of the exchange traded fund’s stock after selling 40,099 shares during the period. Silver Oak Securities Incorporated’s holdings in Sprott Physical Gold Trust were worth $1,365,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Kohmann Bosshard Financial Services LLC acquired a new position in shares of Sprott Physical Gold Trust during the fourth quarter worth approximately $33,000. Financial Management Professionals Inc. acquired a new stake in Sprott Physical Gold Trust in the 4th quarter valued at $36,000. Eastern Bank bought a new stake in Sprott Physical Gold Trust during the 4th quarter valued at $47,000. Strategic Advocates LLC bought a new stake in Sprott Physical Gold Trust during the 3rd quarter valued at $51,000. Finally, Mcguire Capital Advisors Inc. bought a new stake in Sprott Physical Gold Trust during the 4th quarter valued at $64,000.

Sprott Physical Gold Trust Stock Performance

PHYS opened at $30.30 on Friday. Sprott Physical Gold Trust has a 1-year low of $24.86 and a 1-year high of $42.07. The company’s fifty day moving average price is $33.96 and its two-hundred day moving average price is $35.33.

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. The company was founded on August 28, 2009 and is headquartered in Toronto, Canada.