Integrated Wealth Concepts LLC Buys 6,062 Shares of Sprott Physical Gold Trust (NYSEARCA:PHYS)

Integrated Wealth Concepts LLC boosted its position in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 1.0% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 632,945 shares of the exchange traded fund’s stock after buying an additional 6,062 shares during the period. Integrated Wealth Concepts LLC’s holdings in Sprott Physical Gold Trust were worth $12,899,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. International Assets Investment Management LLC grew its stake in Sprott Physical Gold Trust by 2,471.9% in the third quarter. International Assets Investment Management LLC now owns 2,859,518 shares of the exchange traded fund’s stock valued at $58,277,000 after acquiring an additional 2,748,335 shares during the period. Raymond James & Associates grew its position in Sprott Physical Gold Trust by 73.3% in the 3rd quarter. Raymond James & Associates now owns 1,602,282 shares of the exchange traded fund’s stock valued at $32,655,000 after purchasing an additional 677,623 shares during the period. Sanctuary Advisors LLC acquired a new stake in Sprott Physical Gold Trust in the 2nd quarter valued at $9,884,000. Cambridge Investment Research Advisors Inc. increased its stake in Sprott Physical Gold Trust by 29.6% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 2,271,370 shares of the exchange traded fund’s stock valued at $41,021,000 after purchasing an additional 518,649 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its holdings in Sprott Physical Gold Trust by 28.8% during the second quarter. Envestnet Asset Management Inc. now owns 1,615,548 shares of the exchange traded fund’s stock worth $29,177,000 after buying an additional 361,514 shares during the last quarter.

Sprott Physical Gold Trust Trading Up 0.1 %

Shares of NYSEARCA PHYS opened at $20.28 on Wednesday. The company has a 50-day moving average price of $20.65 and a 200-day moving average price of $19.45. Sprott Physical Gold Trust has a 1 year low of $15.31 and a 1 year high of $21.70.

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.