Willis Johnson & Associates Inc. Acquires New Shares in Sprott Physical Gold Trust (NYSEARCA:PHYS)

Willis Johnson & Associates Inc. acquired a new stake in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 10,856 shares of the exchange traded fund’s stock, valued at approximately $219,000.

Other hedge funds also recently modified their holdings of the company. J.W. Cole Advisors Inc. raised its position in Sprott Physical Gold Trust by 1.2% during the 4th quarter. J.W. Cole Advisors Inc. now owns 42,131 shares of the exchange traded fund’s stock worth $849,000 after purchasing an additional 519 shares during the last quarter. Nwam LLC raised its position in Sprott Physical Gold Trust by 0.9% during the 4th quarter. Nwam LLC now owns 62,364 shares of the exchange traded fund’s stock worth $1,256,000 after purchasing an additional 557 shares during the last quarter. Quadrant Private Wealth Management LLC raised its position in Sprott Physical Gold Trust by 0.6% during the 4th quarter. Quadrant Private Wealth Management LLC now owns 94,738 shares of the exchange traded fund’s stock worth $1,908,000 after purchasing an additional 600 shares during the last quarter. Avior Wealth Management LLC raised its position in Sprott Physical Gold Trust by 12.0% during the 4th quarter. Avior Wealth Management LLC now owns 5,700 shares of the exchange traded fund’s stock worth $115,000 after purchasing an additional 610 shares during the last quarter. Finally, BIP Wealth LLC raised its position in Sprott Physical Gold Trust by 0.6% during the 4th quarter. BIP Wealth LLC now owns 104,482 shares of the exchange traded fund’s stock worth $2,104,000 after purchasing an additional 612 shares during the last quarter.

Sprott Physical Gold Trust Stock Up 2.1%

Shares of NYSEARCA:PHYS opened at $25.12 on Wednesday. Sprott Physical Gold Trust has a 12-month low of $17.80 and a 12-month high of $26.36. The business has a fifty day simple moving average of $24.44 and a 200 day simple moving average of $22.28.

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.