Latitude Advisors LLC Acquires 1,669 Shares of Sprott Physical Gold Trust (NYSEARCA:PHYS)

Latitude Advisors LLC increased its holdings in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 6.1% in the fourth quarter, Holdings Channel reports. The institutional investor owned 29,240 shares of the exchange traded fund’s stock after buying an additional 1,669 shares during the period. Latitude Advisors LLC’s holdings in Sprott Physical Gold Trust were worth $589,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the stock. International Assets Investment Management LLC increased its holdings in Sprott Physical Gold Trust by 2,471.9% in the 3rd 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 buying an additional 2,748,335 shares during the period. IMC Chicago LLC lifted its stake in Sprott Physical Gold Trust by 5,078.7% during the fourth quarter. IMC Chicago LLC now owns 2,025,763 shares of the exchange traded fund’s stock worth $40,799,000 after purchasing an additional 1,986,646 shares during the last quarter. Raymond James & Associates increased its stake in shares of 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 last quarter. Captrust Financial Advisors lifted its position in shares of Sprott Physical Gold Trust by 13.9% during the 3rd quarter. Captrust Financial Advisors now owns 2,277,485 shares of the exchange traded fund’s stock worth $46,415,000 after buying an additional 277,117 shares during the last quarter. Finally, Kera Capital Partners Inc. acquired a new stake in Sprott Physical Gold Trust in the fourth quarter valued at about $4,512,000.

Sprott Physical Gold Trust Price Performance

Shares of NYSEARCA PHYS opened at $22.45 on Tuesday. The stock has a 50-day moving average price of $20.78 and a two-hundred day moving average price of $20.32. Sprott Physical Gold Trust has a 12 month low of $15.31 and a 12 month high of $22.48.

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.