Wilmington Savings Fund Society FSB Buys New Holdings in Sprott Physical Gold Trust (NYSEARCA:PHYS)

Wilmington Savings Fund Society FSB purchased a new position in Sprott Physical Gold Trust (NYSEARCA:PHYS) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 6,500 shares of the exchange traded fund’s stock, valued at approximately $132,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in PHYS. International Assets Investment Management LLC raised its position in shares of Sprott Physical Gold Trust by 2,471.9% during the third quarter. International Assets Investment Management LLC now owns 2,859,518 shares of the exchange traded fund’s stock worth $58,277,000 after purchasing an additional 2,748,335 shares during the period. Raymond James & Associates increased its stake in Sprott Physical Gold Trust by 73.3% during 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 in the last quarter. Sanctuary Advisors LLC acquired a new position in Sprott Physical Gold Trust during the second quarter worth $9,884,000. Cambridge Investment Research Advisors Inc. lifted its stake in shares of Sprott Physical Gold Trust by 29.6% in the second 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 buying an additional 518,649 shares in the last quarter. Finally, Envestnet Asset Management Inc. grew its holdings in shares of 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 valued at $29,177,000 after buying an additional 361,514 shares during the last quarter.

Sprott Physical Gold Trust Price Performance

NYSEARCA:PHYS opened at $19.98 on Friday. Sprott Physical Gold Trust has a one year low of $15.31 and a one year high of $21.70. The firm has a 50-day moving average of $20.62 and a 200-day moving average of $19.62.

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.