Ausdal Financial Partners Inc. Raises Stock Holdings in Sprott Physical Gold Trust (NYSEARCA:PHYS)

Ausdal Financial Partners Inc. lifted its stake in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 50.2% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 247,898 shares of the exchange traded fund’s stock after buying an additional 82,817 shares during the quarter. Ausdal Financial Partners Inc. owned about 0.06% of Sprott Physical Gold Trust worth $4,993,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. Pekin Hardy Strauss Inc. raised its stake in Sprott Physical Gold Trust by 3.6% during the 4th quarter. Pekin Hardy Strauss Inc. now owns 4,196,788 shares of the exchange traded fund’s stock worth $84,523,000 after acquiring an additional 144,824 shares during the period. Captrust Financial Advisors raised its position in shares of Sprott Physical Gold Trust by 13.9% during the 3rd quarter. Captrust Financial Advisors now owns 2,277,485 shares of the exchange traded fund’s stock valued at $46,415,000 after purchasing an additional 277,117 shares during the period. Raymond James Financial Inc. bought a new stake in shares of Sprott Physical Gold Trust during the 4th quarter valued at $44,631,000. Sprott Inc. lifted its stake in shares of Sprott Physical Gold Trust by 14.9% during the 4th quarter. Sprott Inc. now owns 2,087,486 shares of the exchange traded fund’s stock valued at $42,043,000 after buying an additional 270,064 shares in the last quarter. Finally, IMC Chicago LLC boosted its holdings in Sprott Physical Gold Trust by 5,078.7% in the 4th quarter. IMC Chicago LLC now owns 2,025,763 shares of the exchange traded fund’s stock worth $40,799,000 after buying an additional 1,986,646 shares during the period.

Sprott Physical Gold Trust Trading Up 0.6 %

Shares of PHYS stock opened at $23.38 on Wednesday. The stock has a fifty day simple moving average of $22.30 and a two-hundred day simple moving average of $21.11. Sprott Physical Gold Trust has a 52-week low of $16.90 and a 52-week high of $23.61.

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.