Eaton Financial Holdings Company LLC Buys New Shares in Sprott Physical Gold Trust (NYSEARCA:PHYS)

Eaton Financial Holdings Company LLC purchased a new position in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 85,809 shares of the exchange traded fund’s stock, valued at approximately $1,749,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in PHYS. Legacy Investment Solutions LLC acquired a new position in shares of Sprott Physical Gold Trust during the 3rd quarter worth about $28,000. Banque Cantonale Vaudoise bought a new position in Sprott Physical Gold Trust during the second quarter worth about $36,000. St. Johns Investment Management Company LLC bought a new position in Sprott Physical Gold Trust during the third quarter worth about $51,000. Missouri Trust & Investment Co increased its position in Sprott Physical Gold Trust by 160.9% during the third quarter. Missouri Trust & Investment Co now owns 2,609 shares of the exchange traded fund’s stock worth $53,000 after buying an additional 1,609 shares during the last quarter. Finally, First Horizon Advisors Inc. bought a new stake in Sprott Physical Gold Trust in the third quarter valued at approximately $54,000.

Sprott Physical Gold Trust Stock Up 0.9 %

PHYS opened at $20.92 on Thursday. Sprott Physical Gold Trust has a 12-month low of $15.31 and a 12-month high of $21.70. The business has a 50 day moving average of $20.64 and a 200-day moving average of $19.54.

About Sprott Physical Gold Trust

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.