8,745 Shares in Sprott Physical Gold Trust (NYSEARCA:PHYS) Acquired by Cushing Capital Partners LLC

Cushing Capital Partners LLC acquired a new stake in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 8,745 shares of the exchange traded fund’s stock, valued at approximately $210,000.

Several other large investors have also recently bought and sold shares of the company. Veracity Capital LLC boosted its position in shares of Sprott Physical Gold Trust by 2.2% during the first quarter. Veracity Capital LLC now owns 19,380 shares of the exchange traded fund’s stock worth $466,000 after purchasing an additional 419 shares in the last quarter. J.W. Cole Advisors Inc. raised its stake in Sprott Physical Gold Trust by 1.2% during the 4th quarter. J.W. Cole Advisors Inc. now owns 42,131 shares of the exchange traded fund’s stock worth $849,000 after buying an additional 519 shares during the period. Nwam LLC raised its stake in Sprott Physical Gold Trust by 0.9% during the 4th quarter. Nwam LLC now owns 62,364 shares of the exchange traded fund’s stock worth $1,256,000 after buying an additional 557 shares during the period. BIP Wealth LLC lifted its holdings in Sprott Physical Gold Trust by 0.6% during the fourth quarter. BIP Wealth LLC now owns 104,482 shares of the exchange traded fund’s stock worth $2,104,000 after acquiring an additional 612 shares in the last quarter. Finally, Harbour Investments Inc. lifted its holdings in Sprott Physical Gold Trust by 1.9% during the fourth quarter. Harbour Investments Inc. now owns 34,857 shares of the exchange traded fund’s stock worth $702,000 after acquiring an additional 650 shares in the last quarter.

Sprott Physical Gold Trust Price Performance

NYSEARCA:PHYS opened at $25.97 on Wednesday. Sprott Physical Gold Trust has a 1 year low of $17.84 and a 1 year high of $26.42. The stock has a 50-day moving average price of $25.26 and a two-hundred day moving average price of $23.00.

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.