Fisher Asset Management LLC Buys Shares of 30,117 Sprott Physical Gold Trust $PHYS

Fisher Asset Management LLC purchased a new position in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) in the third quarter, according to its most recent disclosure with the SEC. The firm purchased 30,117 shares of the exchange traded fund’s stock, valued at approximately $892,000.

Several other institutional investors have also made changes to their positions in PHYS. Manchester Capital Management LLC acquired a new position in Sprott Physical Gold Trust in the second quarter worth approximately $25,000. MTM Investment Management LLC acquired a new stake in Sprott Physical Gold Trust in the second quarter valued at approximately $30,000. Legacy Investment Solutions LLC bought a new stake in Sprott Physical Gold Trust in the second quarter worth approximately $36,000. Parkside Financial Bank & Trust increased its stake in shares of Sprott Physical Gold Trust by 36.4% during the 2nd quarter. Parkside Financial Bank & Trust now owns 1,500 shares of the exchange traded fund’s stock worth $38,000 after purchasing an additional 400 shares during the last quarter. Finally, Transce3nd LLC increased its stake in shares of Sprott Physical Gold Trust by 129.5% during the 2nd quarter. Transce3nd LLC now owns 1,515 shares of the exchange traded fund’s stock worth $38,000 after purchasing an additional 855 shares during the last quarter.

Sprott Physical Gold Trust Stock Performance

Sprott Physical Gold Trust stock opened at $39.21 on Friday. Sprott Physical Gold Trust has a 1-year low of $22.45 and a 1-year high of $42.07. The firm’s fifty day simple moving average is $36.96 and its 200-day simple moving average is $32.65.

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