Natixis Advisors LLC Acquires 5,205 Shares of Sprott Physical Gold Trust (NYSEARCA:PHYS)

Natixis Advisors LLC raised its position in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 48.5% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 15,941 shares of the exchange traded fund’s stock after purchasing an additional 5,205 shares during the quarter. Natixis Advisors LLC’s holdings in Sprott Physical Gold Trust were worth $384,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of PHYS. JPMorgan Chase & Co. increased its stake in Sprott Physical Gold Trust by 13.0% during the 4th quarter. JPMorgan Chase & Co. now owns 446,623 shares of the exchange traded fund’s stock valued at $8,995,000 after purchasing an additional 51,334 shares in the last quarter. Federated Hermes Inc. purchased a new stake in shares of Sprott Physical Gold Trust during the 4th quarter valued at about $121,000. Townsquare Capital LLC boosted its holdings in shares of Sprott Physical Gold Trust by 71.0% during the 4th quarter. Townsquare Capital LLC now owns 48,601 shares of the exchange traded fund’s stock valued at $979,000 after acquiring an additional 20,175 shares during the last quarter. Mariner LLC boosted its holdings in shares of Sprott Physical Gold Trust by 56.9% during the 4th quarter. Mariner LLC now owns 176,099 shares of the exchange traded fund’s stock valued at $3,547,000 after acquiring an additional 63,839 shares during the last quarter. Finally, CreativeOne Wealth LLC boosted its holdings in shares of Sprott Physical Gold Trust by 5.4% during the 4th quarter. CreativeOne Wealth LLC now owns 67,296 shares of the exchange traded fund’s stock valued at $1,355,000 after acquiring an additional 3,435 shares during the last quarter.

Sprott Physical Gold Trust Stock Down 1.3%

Shares of NYSEARCA PHYS opened at $25.72 on Tuesday. The firm’s 50-day moving average price is $25.65 and its 200-day moving average price is $24.42. Sprott Physical Gold Trust has a 52-week low of $18.92 and a 52-week high of $26.42.

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.