Clear Harbor Asset Management LLC Purchases Shares of 8,283 Sprott Physical Gold Trust $PHYS

Clear Harbor Asset Management LLC acquired a new position in Sprott Physical Gold Trust (NYSEARCA:PHYS) during the second quarter, according to its most recent filing with the SEC. The firm acquired 8,283 shares of the exchange traded fund’s stock, valued at approximately $210,000.

Other hedge funds have also recently made changes to their positions in the company. Cheviot Value Management LLC purchased a new stake in Sprott Physical Gold Trust in the first quarter worth $30,000. Assetmark Inc. purchased a new position in Sprott Physical Gold Trust during the 1st quarter valued at $31,000. Continuum Advisory LLC raised its holdings in Sprott Physical Gold Trust by 162.9% in the 1st quarter. Continuum Advisory LLC now owns 1,472 shares of the exchange traded fund’s stock worth $35,000 after purchasing an additional 912 shares in the last quarter. North Capital Inc. purchased a new stake in shares of Sprott Physical Gold Trust in the 1st quarter worth about $37,000. Finally, Center for Financial Planning Inc. purchased a new stake in shares of Sprott Physical Gold Trust in the 1st quarter worth about $39,000.

Sprott Physical Gold Trust Trading Up 0.8%

Shares of NYSEARCA PHYS opened at $28.95 on Wednesday. Sprott Physical Gold Trust has a 1 year low of $19.63 and a 1 year high of $29.09. The company’s 50-day moving average is $26.51 and its 200 day moving average is $25.42.

Sprott Physical Gold Trust Company 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.