Pecaut & CO. Purchases Shares of 8,700 Sprott Physical Gold Trust (NYSEARCA:PHYS)

Pecaut & CO. acquired a new position in Sprott Physical Gold Trust (NYSEARCA:PHYS) during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 8,700 shares of the exchange traded fund’s stock, valued at approximately $209,000.

Several other institutional investors have also modified their holdings of PHYS. Veracity Capital LLC increased its holdings in shares of Sprott Physical Gold Trust by 2.2% in the 1st quarter. Veracity Capital LLC now owns 19,380 shares of the exchange traded fund’s stock valued at $466,000 after purchasing an additional 419 shares during the period. Sigma Planning Corp boosted its position in Sprott Physical Gold Trust by 0.7% during the first quarter. Sigma Planning Corp now owns 63,985 shares of the exchange traded fund’s stock valued at $1,539,000 after purchasing an additional 425 shares during the last quarter. Sequoia Financial Advisors LLC grew its stake in Sprott Physical Gold Trust by 4.2% in the first quarter. Sequoia Financial Advisors LLC now owns 13,259 shares of the exchange traded fund’s stock valued at $319,000 after purchasing an additional 535 shares in the last quarter. BIP Wealth LLC increased its position in Sprott Physical Gold Trust by 0.6% in the 4th quarter. BIP Wealth LLC now owns 104,482 shares of the exchange traded fund’s stock worth $2,104,000 after purchasing an additional 612 shares during the last quarter. Finally, Harbour Investments Inc. raised its stake in shares of Sprott Physical Gold Trust by 1.9% during the 4th quarter. Harbour Investments Inc. now owns 34,857 shares of the exchange traded fund’s stock worth $702,000 after purchasing an additional 650 shares in the last quarter.

Sprott Physical Gold Trust Stock Down 0.1%

Shares of PHYS opened at $25.58 on Friday. Sprott Physical Gold Trust has a twelve month low of $18.23 and a twelve month high of $26.42. The firm’s 50 day moving average price is $25.42 and its 200 day moving average price is $23.78.

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.