Baker Ellis Asset Management LLC lifted its holdings in Sprott Physical Gold Trust (NYSEARCA:PHYS – Free Report) by 4.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,000 shares of the exchange traded fund’s stock after acquiring an additional 1,000 shares during the quarter. Baker Ellis Asset Management LLC’s holdings in Sprott Physical Gold Trust were worth $463,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also modified their holdings of the business. Straight Path Wealth Management boosted its holdings in shares of Sprott Physical Gold Trust by 1.5% in the 3rd quarter. Straight Path Wealth Management now owns 34,950 shares of the exchange traded fund’s stock worth $712,000 after acquiring an additional 500 shares in the last quarter. Wealth Alliance Advisory Group LLC lifted its holdings in Sprott Physical Gold Trust by 4.3% during the 4th quarter. Wealth Alliance Advisory Group LLC now owns 12,089 shares of the exchange traded fund’s stock worth $243,000 after buying an additional 500 shares in the last quarter. Islay Capital Management LLC lifted its holdings in Sprott Physical Gold Trust by 1.4% during the 3rd quarter. Islay Capital Management LLC now owns 41,161 shares of the exchange traded fund’s stock worth $839,000 after buying an additional 550 shares in the last quarter. Concourse Financial Group Securities Inc. lifted its holdings in Sprott Physical Gold Trust by 9.8% during the 3rd quarter. Concourse Financial Group Securities Inc. now owns 6,893 shares of the exchange traded fund’s stock worth $140,000 after buying an additional 615 shares in the last quarter. Finally, Procyon Advisors LLC lifted its holdings in Sprott Physical Gold Trust by 1.4% during the 4th quarter. Procyon Advisors LLC now owns 50,172 shares of the exchange traded fund’s stock worth $1,010,000 after buying an additional 686 shares in the last quarter.
Sprott Physical Gold Trust Stock Up 0.5 %
NYSEARCA:PHYS opened at $21.30 on Thursday. The stock’s fifty day moving average price is $20.39 and its two-hundred day moving average price is $20.03. Sprott Physical Gold Trust has a 52-week low of $15.31 and a 52-week high of $21.70.
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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