Vontobel Holding Ltd. Buys 12,735 Shares of Sprott Physical Gold Trust (NYSEARCA:PHYS)

Vontobel Holding Ltd. grew its stake in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 127.4% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 22,735 shares of the exchange traded fund’s stock after acquiring an additional 12,735 shares during the period. Vontobel Holding Ltd.’s holdings in Sprott Physical Gold Trust were worth $458,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Legacy Investment Solutions LLC purchased a new stake in Sprott Physical Gold Trust in the 3rd quarter worth approximately $28,000. St. Johns Investment Management Company LLC purchased a new stake in Sprott Physical Gold Trust in the 3rd quarter worth approximately $51,000. Missouri Trust & Investment Co lifted its stake in Sprott Physical Gold Trust by 160.9% in the 3rd quarter. Missouri Trust & Investment Co now owns 2,609 shares of the exchange traded fund’s stock worth $53,000 after purchasing an additional 1,609 shares in the last quarter. First Horizon Advisors Inc. purchased a new stake in Sprott Physical Gold Trust in the 3rd quarter worth approximately $54,000. Finally, AdvisorNet Financial Inc lifted its stake in Sprott Physical Gold Trust by 7,000.0% in the 4th quarter. AdvisorNet Financial Inc now owns 3,550 shares of the exchange traded fund’s stock worth $71,000 after purchasing an additional 3,500 shares in the last quarter.

Sprott Physical Gold Trust Stock Performance

Sprott Physical Gold Trust stock opened at $22.75 on Friday. The firm’s fifty day moving average price is $21.11 and its 200-day moving average price is $20.51. Sprott Physical Gold Trust has a fifty-two week low of $15.55 and a fifty-two week high of $22.80.

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.