Cutter & CO Brokerage Inc. Has $428,000 Stake in Sprott Physical Gold Trust (NYSEARCA:PHYS)

Cutter & CO Brokerage Inc. lifted its stake in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 29.6% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 21,250 shares of the exchange traded fund’s stock after buying an additional 4,850 shares during the quarter. Cutter & CO Brokerage Inc.’s holdings in Sprott Physical Gold Trust were worth $428,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of the stock. Matauro LLC bought a new position in shares of Sprott Physical Gold Trust in the 4th quarter worth $40,017,000. IMC Chicago LLC lifted its holdings in shares of Sprott Physical Gold Trust by 5,078.7% in the 4th 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 in the last quarter. 3EDGE Asset Management LP bought a new position in shares of Sprott Physical Gold Trust in the 4th quarter worth $9,566,000. Captrust Financial Advisors lifted its holdings in shares of Sprott Physical Gold Trust by 13.9% in the 3rd quarter. Captrust Financial Advisors now owns 2,277,485 shares of the exchange traded fund’s stock worth $46,415,000 after purchasing an additional 277,117 shares in the last quarter. Finally, Sprott Inc. lifted its holdings in shares of Sprott Physical Gold Trust by 14.9% in the 4th quarter. Sprott Inc. now owns 2,087,486 shares of the exchange traded fund’s stock worth $42,043,000 after purchasing an additional 270,064 shares in the last quarter.

Sprott Physical Gold Trust Trading Down 1.2 %

Shares of PHYS opened at $22.61 on Wednesday. Sprott Physical Gold Trust has a 12-month low of $15.59 and a 12-month high of $22.91. The business’s fifty day moving average is $21.25 and its 200 day moving average is $20.62.

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.