Keybank National Association OH Acquires New Position in Sprott Physical Gold Trust $PHYS

Keybank National Association OH acquired a new stake in Sprott Physical Gold Trust (NYSEARCA:PHYS) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 11,127 shares of the exchange traded fund’s stock, valued at approximately $282,000.

Other large investors have also modified their holdings of the company. World Investment Advisors boosted its stake in shares of Sprott Physical Gold Trust by 44.7% in the second quarter. World Investment Advisors now owns 140,815 shares of the exchange traded fund’s stock valued at $3,570,000 after buying an additional 43,480 shares in the last quarter. Wealth Management Associates Inc. lifted its holdings in Sprott Physical Gold Trust by 3.1% in the second quarter. Wealth Management Associates Inc. now owns 80,591 shares of the exchange traded fund’s stock valued at $2,043,000 after acquiring an additional 2,428 shares during the period. Rossby Financial LCC lifted its holdings in Sprott Physical Gold Trust by 4.9% in the second quarter. Rossby Financial LCC now owns 59,750 shares of the exchange traded fund’s stock valued at $1,515,000 after acquiring an additional 2,800 shares during the period. Transcend Capital Advisors LLC boosted its position in shares of Sprott Physical Gold Trust by 31.3% during the 2nd quarter. Transcend Capital Advisors LLC now owns 309,749 shares of the exchange traded fund’s stock worth $7,852,000 after purchasing an additional 73,878 shares in the last quarter. Finally, First Command Advisory Services Inc. purchased a new stake in shares of Sprott Physical Gold Trust during the 2nd quarter worth $71,000.

Sprott Physical Gold Trust Trading Up 1.2%

Shares of PHYS opened at $30.17 on Thursday. The company has a 50-day simple moving average of $29.46 and a 200-day simple moving average of $26.89. Sprott Physical Gold Trust has a 52-week low of $19.63 and a 52-week high of $33.31.

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.