Enclave Advisors LLC Buys Shares of 91,527 Sprott Physical Gold Trust $PHYS

Enclave Advisors LLC bought a new position in Sprott Physical Gold Trust (NYSEARCA:PHYS) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 91,527 shares of the exchange traded fund’s stock, valued at approximately $3,022,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Transce3nd LLC grew its holdings in shares of Sprott Physical Gold Trust by 129.5% in the 2nd quarter. Transce3nd LLC now owns 1,515 shares of the exchange traded fund’s stock valued at $38,000 after buying an additional 855 shares during the period. Strategic Advocates LLC acquired a new stake in Sprott Physical Gold Trust during the 3rd quarter worth $51,000. Franklin Resources Inc. acquired a new stake in Sprott Physical Gold Trust during the 3rd quarter worth $74,000. Assetmark Inc. lifted its holdings in Sprott Physical Gold Trust by 60.7% during the third quarter. Assetmark Inc. now owns 3,673 shares of the exchange traded fund’s stock worth $109,000 after acquiring an additional 1,388 shares in the last quarter. Finally, Sound Income Strategies LLC lifted its holdings in Sprott Physical Gold Trust by 267.7% during the third quarter. Sound Income Strategies LLC now owns 3,769 shares of the exchange traded fund’s stock worth $115,000 after acquiring an additional 2,744 shares in the last quarter.

Sprott Physical Gold Trust Price Performance

NYSEARCA:PHYS opened at $34.11 on Friday. Sprott Physical Gold Trust has a 1 year low of $22.72 and a 1 year high of $42.07. The stock has a 50-day moving average price of $37.61 and a two-hundred day moving average price of $33.62.

About Sprott Physical Gold Trust

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.