Capital City Trust Co. FL acquired a new position in Sprott Physical Gold Trust (NYSEARCA:PHYS – Free Report) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 10,250 shares of the exchange traded fund’s stock, valued at approximately $209,000.
Several other institutional investors also recently modified their holdings of the company. Evermay Wealth Management LLC grew its holdings in shares of Sprott Physical Gold Trust by 567.7% during the first quarter. Evermay Wealth Management LLC now owns 3,906 shares of the exchange traded fund’s stock worth $68,000 after purchasing an additional 3,321 shares during the last quarter. Biltmore Family Office LLC grew its stake in shares of Sprott Physical Gold Trust by 6.8% during the first quarter. Biltmore Family Office LLC now owns 314,207 shares of the exchange traded fund’s stock valued at $5,436,000 after purchasing an additional 20,000 shares during the last quarter. Perritt Capital Management Inc. increased its holdings in shares of Sprott Physical Gold Trust by 0.6% in the first quarter. Perritt Capital Management Inc. now owns 348,757 shares of the exchange traded fund’s stock valued at $6,034,000 after purchasing an additional 2,027 shares in the last quarter. Mountain Lake Investment Management LLC lifted its holdings in Sprott Physical Gold Trust by 10.1% during the 1st quarter. Mountain Lake Investment Management LLC now owns 350,000 shares of the exchange traded fund’s stock worth $6,055,000 after buying an additional 32,000 shares in the last quarter. Finally, Captrust Financial Advisors lifted its holdings in Sprott Physical Gold Trust by 4.1% during the 1st quarter. Captrust Financial Advisors now owns 1,823,029 shares of the exchange traded fund’s stock worth $31,538,000 after buying an additional 71,602 shares in the last quarter.
Sprott Physical Gold Trust Price Performance
NYSEARCA PHYS opened at $19.67 on Monday. Sprott Physical Gold Trust has a 52 week low of $15.31 and a 52 week high of $21.70. The stock has a fifty day moving average of $20.56 and a 200-day moving average of $19.28.
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.
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