Dakota Wealth Management Purchases 26,060 Shares of Sprott Physical Gold Trust $PHYS

Dakota Wealth Management boosted its position in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 21.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 147,217 shares of the exchange traded fund’s stock after acquiring an additional 26,060 shares during the period. Dakota Wealth Management’s holdings in Sprott Physical Gold Trust were worth $4,361,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of PHYS. CENTRAL TRUST Co increased its stake in shares of Sprott Physical Gold Trust by 9.1% in the third quarter. CENTRAL TRUST Co now owns 4,649,181 shares of the exchange traded fund’s stock worth $137,709,000 after purchasing an additional 388,033 shares during the period. Pekin Hardy Strauss Inc. grew its holdings in Sprott Physical Gold Trust by 2.0% in the 2nd quarter. Pekin Hardy Strauss Inc. now owns 4,310,858 shares of the exchange traded fund’s stock valued at $109,280,000 after buying an additional 84,300 shares during the last quarter. Jupiter Asset Management Ltd. increased its position in Sprott Physical Gold Trust by 39.8% in the 3rd quarter. Jupiter Asset Management Ltd. now owns 3,145,855 shares of the exchange traded fund’s stock worth $92,913,000 after buying an additional 896,347 shares during the period. Captrust Financial Advisors increased its position in Sprott Physical Gold Trust by 0.9% in the 2nd quarter. Captrust Financial Advisors now owns 2,453,340 shares of the exchange traded fund’s stock worth $62,192,000 after buying an additional 22,778 shares during the period. Finally, Matauro LLC lifted its holdings in shares of Sprott Physical Gold Trust by 2.2% during the third quarter. Matauro LLC now owns 2,064,346 shares of the exchange traded fund’s stock worth $61,146,000 after buying an additional 44,346 shares during the last quarter.

Sprott Physical Gold Trust Price Performance

PHYS opened at $39.37 on Wednesday. The business has a 50 day moving average of $36.07 and a 200-day moving average of $31.92. Sprott Physical Gold Trust has a 1-year low of $21.96 and a 1-year high of $42.07.

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. The company was founded on August 28, 2009 and is headquartered in Toronto, Canada.