Sprott Physical Gold Trust (NYSEARCA:PHYS) Stake Raised by Kingsview Wealth Management LLC

Kingsview Wealth Management LLC raised its holdings in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 30.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 143,638 shares of the exchange traded fund’s stock after acquiring an additional 33,638 shares during the quarter. Kingsview Wealth Management LLC’s holdings in Sprott Physical Gold Trust were worth $2,893,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. International Assets Investment Management LLC boosted its position in Sprott Physical Gold Trust by 2,471.9% during the third quarter. International Assets Investment Management LLC now owns 2,859,518 shares of the exchange traded fund’s stock valued at $58,277,000 after purchasing an additional 2,748,335 shares during the last quarter. IMC Chicago LLC lifted its holdings in shares of Sprott Physical Gold Trust by 5,078.7% during the 4th quarter. IMC Chicago LLC now owns 2,025,763 shares of the exchange traded fund’s stock valued at $40,799,000 after buying an additional 1,986,646 shares during the last quarter. Raymond James & Associates grew its stake in shares of Sprott Physical Gold Trust by 73.3% in the 3rd quarter. Raymond James & Associates now owns 1,602,282 shares of the exchange traded fund’s stock valued at $32,655,000 after buying an additional 677,623 shares in the last quarter. Captrust Financial Advisors increased its holdings in Sprott Physical Gold Trust by 13.9% in the third quarter. Captrust Financial Advisors now owns 2,277,485 shares of the exchange traded fund’s stock worth $46,415,000 after buying an additional 277,117 shares during the last quarter. Finally, Kera Capital Partners Inc. bought a new position in Sprott Physical Gold Trust during the fourth quarter valued at approximately $4,512,000.

Sprott Physical Gold Trust Trading Up 0.1 %

NYSEARCA PHYS opened at $22.16 on Monday. Sprott Physical Gold Trust has a 12-month low of $15.31 and a 12-month high of $22.37. The company has a 50 day moving average price of $20.74 and a two-hundred day moving average price of $20.29.

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.