Sigma Planning Corp Buys 712 Shares of Sprott Physical Gold Trust (NYSEARCA:PHYS)

Sigma Planning Corp raised its stake in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 1.1% during the third quarter, Holdings Channel reports. The fund owned 62,790 shares of the exchange traded fund’s stock after buying an additional 712 shares during the period. Sigma Planning Corp’s holdings in Sprott Physical Gold Trust were worth $1,280,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Concourse Financial Group Securities Inc. raised its stake in Sprott Physical Gold Trust by 9.8% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 6,893 shares of the exchange traded fund’s stock valued at $140,000 after acquiring an additional 615 shares during the period. Tompkins Financial Corp grew its stake in Sprott Physical Gold Trust by 1.6% in the 3rd quarter. Tompkins Financial Corp now owns 43,700 shares of the exchange traded fund’s stock valued at $891,000 after buying an additional 700 shares in the last quarter. BSW Wealth Partners raised its holdings in Sprott Physical Gold Trust by 3.1% during the 3rd quarter. BSW Wealth Partners now owns 23,327 shares of the exchange traded fund’s stock valued at $475,000 after acquiring an additional 703 shares during the period. Geneos Wealth Management Inc. raised its stake in shares of Sprott Physical Gold Trust by 0.3% during the 2nd quarter. Geneos Wealth Management Inc. now owns 251,686 shares of the exchange traded fund’s stock valued at $4,545,000 after purchasing an additional 851 shares during the period. Finally, Foundations Investment Advisors LLC lifted its holdings in Sprott Physical Gold Trust by 4.8% during the 3rd quarter. Foundations Investment Advisors LLC now owns 20,082 shares of the exchange traded fund’s stock worth $409,000 after purchasing an additional 917 shares in the last quarter.

Sprott Physical Gold Trust Stock Down 1.2 %

PHYS stock opened at $19.90 on Wednesday. The stock has a 50-day simple moving average of $20.55 and a two-hundred day simple moving average of $19.24. Sprott Physical Gold Trust has a twelve month low of $15.09 and a twelve month high of $21.70.

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.