Blair William & Co. IL Grows Position in Sprott Physical Gold Trust (NYSEARCA:PHYS)

Blair William & Co. IL grew its stake in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 1.1% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 265,271 shares of the exchange traded fund’s stock after purchasing an additional 2,800 shares during the period. Blair William & Co. IL owned approximately 0.07% of Sprott Physical Gold Trust worth $4,791,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in PHYS. Banque Cantonale Vaudoise acquired a new stake in shares of Sprott Physical Gold Trust in the second quarter valued at about $36,000. 1620 Investment Advisors Inc. purchased a new stake in shares of Sprott Physical Gold Trust during the 2nd quarter worth approximately $55,000. Evermay Wealth Management LLC grew its holdings in shares of Sprott Physical Gold Trust by 567.7% in the 1st quarter. Evermay Wealth Management LLC now owns 3,906 shares of the exchange traded fund’s stock worth $68,000 after acquiring an additional 3,321 shares during the period. St. Johns Investment Management Company LLC purchased a new position in Sprott Physical Gold Trust in the 1st quarter valued at approximately $104,000. Finally, Concourse Financial Group Securities Inc. raised its holdings in Sprott Physical Gold Trust by 69.3% during the second quarter. Concourse Financial Group Securities Inc. now owns 6,278 shares of the exchange traded fund’s stock worth $113,000 after purchasing an additional 2,570 shares during the last quarter.

Sprott Physical Gold Trust Trading Up 1.1 %

PHYS opened at $20.33 on Friday. Sprott Physical Gold Trust has a one year low of $14.00 and a one year high of $20.35. The business’s fifty day moving average is $19.23 and its two-hundred day moving average is $18.38.

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.