2,500 Shares in Sprott Physical Gold Trust (NYSEARCA:PHYS) Acquired by Smithfield Trust Co

Smithfield Trust Co purchased a new position in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 2,500 shares of the exchange traded fund’s stock, valued at approximately $50,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Straight Path Wealth Management increased its stake in Sprott Physical Gold Trust by 1.5% in the third quarter. Straight Path Wealth Management now owns 34,950 shares of the exchange traded fund’s stock valued at $712,000 after purchasing an additional 500 shares in the last quarter. Wealth Alliance Advisory Group LLC boosted its holdings in shares of Sprott Physical Gold Trust by 4.3% in the fourth quarter. Wealth Alliance Advisory Group LLC now owns 12,089 shares of the exchange traded fund’s stock valued at $243,000 after buying an additional 500 shares during the period. J.W. Cole Advisors Inc. boosted its holdings in shares of Sprott Physical Gold Trust by 1.2% in the fourth quarter. J.W. Cole Advisors Inc. now owns 42,131 shares of the exchange traded fund’s stock valued at $849,000 after buying an additional 519 shares during the period. Islay Capital Management LLC boosted its holdings in shares of Sprott Physical Gold Trust by 1.4% in the third quarter. Islay Capital Management LLC now owns 41,161 shares of the exchange traded fund’s stock valued at $839,000 after buying an additional 550 shares during the period. Finally, Nwam LLC boosted its holdings in shares of Sprott Physical Gold Trust by 0.9% in the fourth quarter. Nwam LLC now owns 62,364 shares of the exchange traded fund’s stock valued at $1,256,000 after buying an additional 557 shares during the period.

Sprott Physical Gold Trust Trading Up 0.5 %

Sprott Physical Gold Trust stock opened at $22.74 on Thursday. Sprott Physical Gold Trust has a twelve month low of $16.57 and a twelve month high of $22.91. The company has a 50 day moving average of $21.48 and a 200-day moving average of $20.73.

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.