Fiduciary Family Office LLC Acquires New Shares in Sprott Physical Gold Trust (NYSEARCA:PHYS)

Fiduciary Family Office LLC acquired a new stake in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 102,506 shares of the exchange traded fund’s stock, valued at approximately $2,064,000. Sprott Physical Gold Trust comprises about 0.6% of Fiduciary Family Office LLC’s investment portfolio, making the stock its 19th largest position.

Other institutional investors have also recently bought and sold shares of the company. Concourse Financial Group Securities Inc. boosted its position in Sprott Physical Gold Trust by 9.8% during the third quarter. Concourse Financial Group Securities Inc. now owns 6,893 shares of the exchange traded fund’s stock valued at $140,000 after purchasing an additional 615 shares during the last quarter. AdvisorNet Financial Inc boosted 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 valued at $71,000 after purchasing an additional 3,500 shares during the last quarter. Raymond James & Associates boosted its position in Sprott Physical Gold Trust by 73.3% during the third quarter. Raymond James & Associates now owns 1,602,282 shares of the exchange traded fund’s stock valued at $32,655,000 after purchasing an additional 677,623 shares during the last quarter. International Assets Investment Management LLC boosted its position in Sprott Physical Gold Trust by 2,471.9% during the third quarter. International Assets Investment Management LLC now owns 2,859,518 shares of the exchange traded fund’s stock valued at $58,277,000 after purchasing an additional 2,748,335 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its position in shares of Sprott Physical Gold Trust by 74.1% in the third quarter. JPMorgan Chase & Co. now owns 395,289 shares of the exchange traded fund’s stock worth $8,056,000 after buying an additional 168,288 shares during the last quarter.

Sprott Physical Gold Trust Stock Up 0.5 %

Shares of NYSEARCA:PHYS opened at $21.30 on Thursday. Sprott Physical Gold Trust has a fifty-two week low of $15.31 and a fifty-two week high of $21.70. The business has a 50-day moving average of $20.39 and a two-hundred day moving average of $20.03.

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.