Valued Retirements Inc. Purchases 22,768 Shares of Sprott Physical Gold Trust (NYSEARCA:PHYS)

Valued Retirements Inc. raised its position in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 64.0% during the fourth quarter, HoldingsChannel reports. The fund owned 58,349 shares of the exchange traded fund’s stock after acquiring an additional 22,768 shares during the quarter. Sprott Physical Gold Trust accounts for approximately 1.6% of Valued Retirements Inc.’s investment portfolio, making the stock its 16th largest holding. Valued Retirements Inc.’s holdings in Sprott Physical Gold Trust were worth $1,175,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Raymond James Financial Inc. purchased a new stake in shares of Sprott Physical Gold Trust during the fourth quarter valued at $44,631,000. Matauro LLC purchased a new stake in shares of Sprott Physical Gold Trust during the fourth quarter valued at $40,017,000. IMC Chicago LLC boosted its stake in shares of Sprott Physical Gold Trust by 5,078.7% during the fourth quarter. IMC Chicago LLC now owns 2,025,763 shares of the exchange traded fund’s stock valued at $40,799,000 after purchasing an additional 1,986,646 shares during the period. Kestra Advisory Services LLC boosted its stake in shares of Sprott Physical Gold Trust by 1,026.9% during the fourth quarter. Kestra Advisory Services LLC now owns 1,451,077 shares of the exchange traded fund’s stock valued at $29,225,000 after purchasing an additional 1,322,305 shares during the period. Finally, Proficio Capital Partners LLC boosted its stake in shares of Sprott Physical Gold Trust by 1,536.2% during the fourth quarter. Proficio Capital Partners LLC now owns 746,124 shares of the exchange traded fund’s stock valued at $15,027,000 after purchasing an additional 700,524 shares during the period.

Sprott Physical Gold Trust Stock Up 0.3 %

NYSEARCA:PHYS opened at $23.08 on Monday. Sprott Physical Gold Trust has a 1-year low of $16.66 and a 1-year high of $23.11. The company has a 50-day moving average of $21.89 and a 200 day moving average of $20.92.

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.