G&S Capital LLC Buys 2,884 Shares of Sprott Physical Gold Trust (NYSEARCA:PHYS)

G&S Capital LLC grew its holdings in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 5.3% during the 4th quarter, HoldingsChannel reports. The firm owned 56,799 shares of the exchange traded fund’s stock after acquiring an additional 2,884 shares during the quarter. G&S Capital LLC’s holdings in Sprott Physical Gold Trust were worth $1,144,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Legacy Investment Solutions LLC bought a new stake in Sprott Physical Gold Trust during the 3rd quarter valued at approximately $28,000. St. Johns Investment Management Company LLC acquired a new position in shares of Sprott Physical Gold Trust during the third quarter worth approximately $51,000. Missouri Trust & Investment Co boosted its position in shares of Sprott Physical Gold Trust by 160.9% in the third quarter. Missouri Trust & Investment Co now owns 2,609 shares of the exchange traded fund’s stock valued at $53,000 after acquiring an additional 1,609 shares during the period. First Horizon Advisors Inc. acquired a new stake in shares of Sprott Physical Gold Trust in the third quarter worth $54,000. Finally, AdvisorNet Financial Inc increased its position in Sprott Physical Gold Trust by 7,000.0% during the fourth quarter. AdvisorNet Financial Inc now owns 3,550 shares of the exchange traded fund’s stock worth $71,000 after acquiring an additional 3,500 shares during the period.

Sprott Physical Gold Trust Stock Performance

NYSEARCA PHYS opened at $22.45 on Thursday. The company’s fifty day moving average is $20.86 and its two-hundred day moving average is $20.36. Sprott Physical Gold Trust has a 52-week low of $15.31 and a 52-week high of $22.50.

Sprott Physical Gold Trust Company 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.