VectorGlobal IAG Inc. acquired a new position in Sprott Physical Gold Trust (NYSEARCA:PHYS – Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 96,017 shares of the exchange traded fund’s stock, valued at approximately $3,403,000.
A number of other large investors have also added to or reduced their stakes in the company. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of Sprott Physical Gold Trust during the 4th quarter worth approximately $33,000. Financial Management Professionals Inc. purchased a new position in shares of Sprott Physical Gold Trust in the fourth quarter valued at $36,000. Scarborough Advisors LLC grew its holdings in shares of Sprott Physical Gold Trust by 2,202.0% in the first quarter. Scarborough Advisors LLC now owns 1,151 shares of the exchange traded fund’s stock valued at $41,000 after purchasing an additional 1,101 shares in the last quarter. Main Street Group LTD bought a new stake in Sprott Physical Gold Trust in the first quarter worth $54,000. Finally, Mcguire Capital Advisors Inc. bought a new stake in Sprott Physical Gold Trust in the fourth quarter worth $64,000.
Sprott Physical Gold Trust Price Performance
Sprott Physical Gold Trust stock opened at $30.59 on Monday. Sprott Physical Gold Trust has a 52-week low of $25.15 and a 52-week high of $42.07. The firm’s fifty day moving average is $31.56 and its 200 day moving average is $34.82.
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. The company was founded on August 28, 2009 and is headquartered in Toronto, Canada.
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