GWN Securities Inc. Takes Position in Sprott Physical Gold Trust (NYSEARCA:PHYS)

GWN Securities Inc. acquired a new stake in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) during the fourth quarter, HoldingsChannel reports. The fund acquired 19,019 shares of the exchange traded fund’s stock, valued at approximately $407,000.

Other large investors have also recently made changes to their positions in the company. Legacy Investment Solutions LLC purchased a new position in shares of Sprott Physical Gold Trust during the 3rd quarter valued at about $28,000. Jones Financial Companies Lllp purchased a new position in Sprott Physical Gold Trust in the 4th quarter worth approximately $39,000. Smartleaf Asset Management LLC purchased a new position in Sprott Physical Gold Trust in the 4th quarter worth approximately $40,000. Smithfield Trust Co purchased a new position in Sprott Physical Gold Trust in the 4th quarter worth approximately $50,000. Finally, First Horizon Advisors Inc. purchased a new position in Sprott Physical Gold Trust in the 3rd quarter worth approximately $54,000.

Sprott Physical Gold Trust Price Performance

NYSEARCA PHYS opened at $23.08 on Monday. The stock’s 50 day moving average is $21.89 and its 200 day moving average is $20.92. Sprott Physical Gold Trust has a 12 month low of $16.66 and a 12 month high of $23.11.

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.