Stephens Inc. AR Buys 75,174 Shares of Sprott Physical Gold Trust $PHYS

Stephens Inc. AR increased its stake in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 215.2% in the 1st quarter, HoldingsChannel.com reports. The firm owned 110,099 shares of the exchange traded fund’s stock after acquiring an additional 75,174 shares during the period. Stephens Inc. AR’s holdings in Sprott Physical Gold Trust were worth $3,902,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the company. Fiduciary Alliance LLC increased its stake in shares of Sprott Physical Gold Trust by 4.4% in the 4th quarter. Fiduciary Alliance LLC now owns 7,195 shares of the exchange traded fund’s stock valued at $238,000 after buying an additional 300 shares during the period. Latitude Advisors LLC lifted its stake in shares of Sprott Physical Gold Trust by 1.0% during the fourth quarter. Latitude Advisors LLC now owns 30,540 shares of the exchange traded fund’s stock valued at $1,008,000 after acquiring an additional 300 shares during the period. Principal Securities Inc. lifted its stake in shares of Sprott Physical Gold Trust by 2.5% during the fourth quarter. Principal Securities Inc. now owns 12,600 shares of the exchange traded fund’s stock valued at $416,000 after acquiring an additional 302 shares during the period. Euro Pacific Asset Management LLC boosted its holdings in Sprott Physical Gold Trust by 0.9% in the fourth quarter. Euro Pacific Asset Management LLC now owns 48,180 shares of the exchange traded fund’s stock valued at $1,591,000 after acquiring an additional 408 shares during the last quarter. Finally, Manchester Financial Inc. boosted its holdings in Sprott Physical Gold Trust by 5.9% in the fourth quarter. Manchester Financial Inc. now owns 7,360 shares of the exchange traded fund’s stock valued at $243,000 after acquiring an additional 410 shares during the last quarter.

Sprott Physical Gold Trust Trading Down 1.3%

Shares of PHYS stock opened at $31.01 on Wednesday. The stock has a 50-day moving average price of $33.11 and a 200 day moving average price of $35.23. Sprott Physical Gold Trust has a 12 month low of $25.00 and a 12 month high of $42.07.

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.