Legacy Capital Partners Inc. increased its stake in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 5.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 360,160 shares of the exchange traded fund’s stock after buying an additional 19,237 shares during the period. Sprott Physical Gold Trust accounts for 2.0% of Legacy Capital Partners Inc.’s holdings, making the stock its 17th largest position. Legacy Capital Partners Inc.’s holdings in Sprott Physical Gold Trust were worth $3,648,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Smith Affiliated Capital Corp. increased its position in Sprott Physical Gold Trust by 1.8% in the second quarter. Smith Affiliated Capital Corp. now owns 355,310 shares of the exchange traded fund’s stock valued at $3,599,000 after buying an additional 6,446 shares during the period. Valicenti Advisory Services Inc. bought a new position in Sprott Physical Gold Trust during the second quarter valued at approximately $223,000. Finally, A. D. Beadell Investment Counsel Inc. increased its position in Sprott Physical Gold Trust by 1.0% in the second quarter. A. D. Beadell Investment Counsel Inc. now owns 144,998 shares of the exchange traded fund’s stock valued at $1,468,000 after buying an additional 1,398 shares during the period.

Sprott Physical Gold Trust (NYSEARCA PHYS) opened at 10.28 on Wednesday. The company’s 50 day moving average price is $10.15 and its 200 day moving average price is $10.17. Sprott Physical Gold Trust has a 52-week low of $9.19 and a 52-week high of $11.29.

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Sprott Physical Gold Trust Company Profile

Sprott Physical Gold Trust (the Trust) is a closed-end trust. The Trust invests in unencumbered and fully allocated London Good Delivery (LGD) gold bars. The Trust was created to invest and hold substantially all of its assets in physical gold bullion. The Trust invests in long-term holdings of unencumbered, fully allocated physical gold bullion and does not speculate with regard to short-term changes in gold prices.

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Institutional Ownership by Quarter for Sprott Physical Gold Trust (NYSEARCA:PHYS)

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