Harbour Investments Inc. Buys 650 Shares of Sprott Physical Gold Trust (NYSEARCA:PHYS)

Harbour Investments Inc. lifted its stake in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 1.9% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 34,857 shares of the exchange traded fund’s stock after purchasing an additional 650 shares during the period. Harbour Investments Inc.’s holdings in Sprott Physical Gold Trust were worth $702,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Raymond James Financial Inc. bought a new stake in Sprott Physical Gold Trust during the fourth quarter worth $44,631,000. Matauro LLC bought a new position in Sprott Physical Gold Trust during the fourth quarter worth $40,017,000. IMC Chicago LLC raised its position in shares of Sprott Physical Gold Trust by 5,078.7% in 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 lifted its stake in shares of Sprott Physical Gold Trust by 1,026.9% during the 4th quarter. Kestra Advisory Services LLC now owns 1,451,077 shares of the exchange traded fund’s stock worth $29,225,000 after buying an additional 1,322,305 shares during the last quarter. Finally, Proficio Capital Partners LLC lifted its stake in shares of Sprott Physical Gold Trust by 1,536.2% during the 4th quarter. Proficio Capital Partners LLC now owns 746,124 shares of the exchange traded fund’s stock worth $15,027,000 after buying an additional 700,524 shares during the last quarter.

Sprott Physical Gold Trust Price Performance

Sprott Physical Gold Trust stock opened at $23.59 on Thursday. The company’s 50-day moving average price is $22.08 and its two-hundred day moving average price is $20.99. Sprott Physical Gold Trust has a twelve month low of $16.66 and a twelve month high of $23.61.

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.