Capital Wealth Alliance LLC Boosts Position in Sprott Physical Gold Trust (NYSEARCA:PHYS)

Capital Wealth Alliance LLC boosted its stake in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 6.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 959,393 shares of the exchange traded fund’s stock after acquiring an additional 54,635 shares during the period. Sprott Physical Gold Trust accounts for 10.9% of Capital Wealth Alliance LLC’s investment portfolio, making the stock its 2nd largest holding. Capital Wealth Alliance LLC owned about 0.24% of Sprott Physical Gold Trust worth $19,320,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. Pekin Hardy Strauss Inc. increased its holdings in shares of Sprott Physical Gold Trust by 1.8% during the third quarter. Pekin Hardy Strauss Inc. now owns 4,051,964 shares of the exchange traded fund’s stock valued at $82,579,000 after acquiring an additional 73,355 shares in the last quarter. International Assets Investment Management LLC increased its holdings in Sprott Physical Gold Trust by 2,471.9% during the third quarter. International Assets Investment Management LLC now owns 2,859,518 shares of the exchange traded fund’s stock worth $58,277,000 after buying an additional 2,748,335 shares during the last quarter. Captrust Financial Advisors raised its holdings in shares of Sprott Physical Gold Trust by 13.9% in the 3rd quarter. Captrust Financial Advisors now owns 2,277,485 shares of the exchange traded fund’s stock worth $46,415,000 after purchasing an additional 277,117 shares during the period. IMC Chicago LLC lifted its position in shares of Sprott Physical Gold Trust by 5,078.7% during the 4th quarter. IMC Chicago LLC now owns 2,025,763 shares of the exchange traded fund’s stock valued at $40,799,000 after buying an additional 1,986,646 shares during the last quarter. Finally, Wealthcare Capital Management LLC boosted its position in Sprott Physical Gold Trust by 8.4% during the fourth quarter. Wealthcare Capital Management LLC now owns 1,911,707 shares of the exchange traded fund’s stock worth $38,502,000 after purchasing an additional 147,721 shares during the period.

Sprott Physical Gold Trust Trading Up 1.3 %

Shares of PHYS opened at $22.45 on Tuesday. The business’s 50-day moving average price is $20.78 and its 200-day moving average price is $20.32. Sprott Physical Gold Trust has a twelve month low of $15.31 and a twelve month high of $22.48.

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.