Sprott Physical Gold Trust $PHYS Stock Position Lifted by Rossby Financial LCC

Rossby Financial LCC boosted its stake in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 4.9% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 59,750 shares of the exchange traded fund’s stock after purchasing an additional 2,800 shares during the period. Rossby Financial LCC’s holdings in Sprott Physical Gold Trust were worth $1,515,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Ameriflex Group Inc. grew its position in Sprott Physical Gold Trust by 66.7% during 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 in the last quarter. Tradewinds Capital Management LLC grew its position in Sprott Physical Gold Trust by 59.8% during the second quarter. Tradewinds Capital Management LLC now owns 1,088 shares of the exchange traded fund’s stock valued at $28,000 after purchasing an additional 407 shares in the last quarter. Sigma Planning Corp grew its position in Sprott Physical Gold Trust by 0.7% during the first quarter. Sigma Planning Corp now owns 63,985 shares of the exchange traded fund’s stock valued at $1,539,000 after purchasing an additional 425 shares in the last quarter. Stratos Wealth Partners LTD. grew its position in Sprott Physical Gold Trust by 0.3% during the second quarter. Stratos Wealth Partners LTD. now owns 160,105 shares of the exchange traded fund’s stock valued at $4,059,000 after purchasing an additional 428 shares in the last quarter. Finally, Evermay Wealth Management LLC grew its position in Sprott Physical Gold Trust by 11.3% in the second quarter. Evermay Wealth Management LLC now owns 4,347 shares of the exchange traded fund’s stock worth $110,000 after acquiring an additional 441 shares in the last quarter.

Sprott Physical Gold Trust Price Performance

PHYS stock opened at $29.95 on Tuesday. Sprott Physical Gold Trust has a 12 month low of $19.63 and a 12 month high of $33.31. The firm has a 50 day moving average of $28.86 and a two-hundred day moving average of $26.65.

Sprott Physical Gold Trust Company 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.