CreativeOne Wealth LLC Acquires 36,078 Shares of Sprott Physical Gold Trust (NYSEARCA:PHYS)

CreativeOne Wealth LLC increased its stake in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 129.9% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 63,861 shares of the exchange traded fund’s stock after purchasing an additional 36,078 shares during the quarter. CreativeOne Wealth LLC’s holdings in Sprott Physical Gold Trust were worth $1,301,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the stock. Straight Path Wealth Management grew its position in shares of Sprott Physical Gold Trust by 1.5% in the third quarter. Straight Path Wealth Management now owns 34,950 shares of the exchange traded fund’s stock valued at $712,000 after purchasing an additional 500 shares in the last quarter. Islay Capital Management LLC grew its position in shares of Sprott Physical Gold Trust by 1.4% in the third quarter. Islay Capital Management LLC now owns 41,161 shares of the exchange traded fund’s stock valued at $839,000 after purchasing an additional 550 shares in the last quarter. Concourse Financial Group Securities Inc. grew its position in shares of Sprott Physical Gold Trust by 9.8% in the third quarter. Concourse Financial Group Securities Inc. now owns 6,893 shares of the exchange traded fund’s stock valued at $140,000 after purchasing an additional 615 shares in the last quarter. Tompkins Financial Corp grew its position in shares of Sprott Physical Gold Trust by 1.6% in the third quarter. Tompkins Financial Corp now owns 43,700 shares of the exchange traded fund’s stock valued at $891,000 after purchasing an additional 700 shares in the last quarter. Finally, BSW Wealth Partners boosted its stake in Sprott Physical Gold Trust by 3.1% during the third quarter. BSW Wealth Partners now owns 23,327 shares of the exchange traded fund’s stock valued at $475,000 after buying an additional 703 shares during the period.

Sprott Physical Gold Trust Price Performance

NYSEARCA:PHYS opened at $20.46 on Friday. Sprott Physical Gold Trust has a 52-week low of $15.31 and a 52-week high of $21.70. The stock has a fifty day moving average of $20.65 and a 200 day moving average of $19.41.

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.