Crown Wealth Group LLC lifted its stake in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS – Free Report) by 17.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 25,862 shares of the exchange traded fund’s stock after purchasing an additional 3,791 shares during the quarter. Crown Wealth Group LLC’s holdings in Sprott Physical Gold Trust were worth $521,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors have also added to or reduced their stakes in the stock. Legacy Investment Solutions LLC bought a new stake in shares of Sprott Physical Gold Trust during the third quarter worth $28,000. Missouri Trust & Investment Co grew its position in Sprott Physical Gold Trust by 160.9% during the 3rd quarter. Missouri Trust & Investment Co now owns 2,609 shares of the exchange traded fund’s stock worth $53,000 after acquiring an additional 1,609 shares during the last quarter. First Horizon Advisors Inc. acquired a new position in Sprott Physical Gold Trust in the 3rd quarter worth about $54,000. Salomon & Ludwin LLC acquired a new position in Sprott Physical Gold Trust in the 4th quarter worth about $65,000. Finally, AdvisorNet Financial Inc raised its position in Sprott Physical Gold Trust by 7,000.0% in the fourth quarter. AdvisorNet Financial Inc now owns 3,550 shares of the exchange traded fund’s stock valued at $71,000 after purchasing an additional 3,500 shares during the last quarter.
Sprott Physical Gold Trust Stock Up 0.2 %
Sprott Physical Gold Trust stock opened at $22.66 on Thursday. The business has a 50 day moving average of $21.30 and a 200-day moving average of $20.63. Sprott Physical Gold Trust has a 1 year low of $15.63 and a 1 year high of $22.91.
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.
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