Silver Oak Securities Incorporated Has $1.36 Million Stake in Sprott Physical Gold Trust $PHYS

Silver Oak Securities Incorporated lowered its stake in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 51.0% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 38,503 shares of the exchange traded fund’s stock after selling 40,099 shares during the quarter. Silver Oak Securities Incorporated’s holdings in Sprott Physical Gold Trust were worth $1,365,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the stock. Heritage Wealth Advisors acquired a new position in Sprott Physical Gold Trust during the 4th quarter worth approximately $169,676,000. CENTRAL TRUST Co lifted its holdings in shares of Sprott Physical Gold Trust by 26.3% during the first quarter. CENTRAL TRUST Co now owns 5,542,655 shares of the exchange traded fund’s stock worth $196,432,000 after purchasing an additional 1,154,326 shares during the period. 3EDGE Asset Management LP acquired a new stake in shares of Sprott Physical Gold Trust in the fourth quarter valued at about $31,652,000. Royal Bank of Canada increased its position in Sprott Physical Gold Trust by 8.2% during the 4th quarter. Royal Bank of Canada now owns 9,516,053 shares of the exchange traded fund’s stock valued at $314,220,000 after purchasing an additional 724,321 shares during the period. Finally, Jane Street Group LLC increased its position in shares of Sprott Physical Gold Trust by 65.8% during the second quarter. Jane Street Group LLC now owns 1,618,276 shares of the exchange traded fund’s stock worth $41,023,000 after buying an additional 642,224 shares during the period.

Sprott Physical Gold Trust Stock Up 1.1%

NYSEARCA PHYS opened at $30.30 on Friday. Sprott Physical Gold Trust has a one year low of $24.86 and a one year high of $42.07. The business has a 50 day simple moving average of $33.96 and a 200 day simple moving average of $35.33.

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.