Unique Wealth LLC acquired a new stake in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS – Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 28,675 shares of the exchange traded fund’s stock, valued at approximately $865,000.
Other institutional investors and hedge funds have also bought and sold shares of the company. Scarborough Advisors LLC grew its position in Sprott Physical Gold Trust by 2,202.0% during the 1st quarter. Scarborough Advisors LLC now owns 1,151 shares of the exchange traded fund’s stock worth $41,000 after purchasing an additional 1,101 shares during the last quarter. Main Street Group LTD acquired a new stake in shares of Sprott Physical Gold Trust during the first quarter worth $54,000. Mcguire Capital Advisors Inc. purchased a new stake in shares of Sprott Physical Gold Trust during the fourth quarter valued at $64,000. Legacy Wealth Managment LLC ID increased its position in shares of Sprott Physical Gold Trust by 49.3% in the 4th quarter. Legacy Wealth Managment LLC ID now owns 2,162 shares of the exchange traded fund’s stock valued at $71,000 after acquiring an additional 714 shares during the period. Finally, Wilkerson Advisory Group LLC acquired a new position in shares of Sprott Physical Gold Trust in the 4th quarter valued at $73,000.
Sprott Physical Gold Trust Stock Performance
Shares of PHYS stock opened at $33.60 on Friday. The business has a fifty day moving average of $32.07 and a 200 day moving average of $34.18. Sprott Physical Gold Trust has a 1 year low of $27.47 and a 1 year high of $42.07.
Sprott Physical Gold Trust Company 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.
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