Unique Wealth LLC purchased a new position in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS – Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 28,675 shares of the exchange traded fund’s stock, valued at approximately $865,000.
Several other large investors have also made changes to their positions in PHYS. Compass Financial Management LLC purchased a new position in shares of Sprott Physical Gold Trust during the second quarter worth $1,161,000. Highland Investment Advisors LLC purchased a new stake in Sprott Physical Gold Trust in the second quarter valued at $660,000. TD Waterhouse Canada Inc. grew its position in Sprott Physical Gold Trust by 7.9% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 497,860 shares of the exchange traded fund’s stock worth $15,142,000 after purchasing an additional 36,385 shares during the period. WIT Partners Advisory Pte. Ltd. raised its stake in shares of Sprott Physical Gold Trust by 48.9% during the 2nd quarter. WIT Partners Advisory Pte. Ltd. now owns 1,401,170 shares of the exchange traded fund’s stock valued at $42,273,000 after buying an additional 459,950 shares during the last quarter. Finally, Continuum Advisory LLC purchased a new position in shares of Sprott Physical Gold Trust during the 2nd quarter valued at about $97,000.
Sprott Physical Gold Trust Price Performance
Shares of PHYS stock opened at $33.60 on Friday. Sprott Physical Gold Trust has a 52-week low of $27.47 and a 52-week high of $42.07. The business has a 50-day simple moving average of $32.07 and a 200-day simple moving average of $34.18.
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.
Further Reading
- Five stocks we like better than Sprott Physical Gold Trust
- Zscaler’s Strong Quarter Still Left Investors Waiting on 1 Key Signal
- Is Duolingo the Next Netflix-Style Comeback Story?
- GitLab’s AI Tools Are Starting to Turn Developer Demand Into Real Revenue
- GTA VI’s Console Problem Isn’t Take-Two’s Problem
Want to see what other hedge funds are holding PHYS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Sprott Physical Gold Trust (NYSEARCA:PHYS – Free Report).
Receive News & Ratings for Sprott Physical Gold Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sprott Physical Gold Trust and related companies with MarketBeat.com's FREE daily email newsletter.
