Sprott Physical Gold Trust (NYSEARCA:PHYS) Position Boosted by CreativeOne Wealth LLC

CreativeOne Wealth LLC raised its holdings in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 5.4% during the 4th quarter, Holdings Channel reports. The fund owned 67,296 shares of the exchange traded fund’s stock after purchasing an additional 3,435 shares during the period. CreativeOne Wealth LLC’s holdings in Sprott Physical Gold Trust were worth $1,355,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in the business. Mariner LLC raised its position in shares of Sprott Physical Gold Trust by 56.9% during the 4th quarter. Mariner LLC now owns 176,099 shares of the exchange traded fund’s stock worth $3,547,000 after buying an additional 63,839 shares in the last quarter. Entruity Wealth LLC bought a new stake in Sprott Physical Gold Trust during the fourth quarter worth approximately $3,169,000. Townsquare Capital LLC lifted its position in Sprott Physical Gold Trust by 71.0% in the fourth quarter. Townsquare Capital LLC now owns 48,601 shares of the exchange traded fund’s stock worth $979,000 after purchasing an additional 20,175 shares during the period. Heritage Trust Co bought a new position in Sprott Physical Gold Trust during the 4th quarter valued at $241,000. Finally, Scotia Capital Inc. increased its position in shares of Sprott Physical Gold Trust by 23.0% during the 4th quarter. Scotia Capital Inc. now owns 319,840 shares of the exchange traded fund’s stock valued at $6,541,000 after purchasing an additional 59,861 shares during the period.

Sprott Physical Gold Trust Stock Up 3.0 %

NYSEARCA:PHYS opened at $25.60 on Thursday. The business’s 50-day moving average price is $23.20 and its 200 day moving average price is $21.56. Sprott Physical Gold Trust has a 52-week low of $17.64 and a 52-week high of $25.66.

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.