Sprott Physical Gold Trust $PHYS Shares Bought by Simplicity Wealth LLC

Simplicity Wealth LLC lifted its position in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 53.4% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 79,036 shares of the exchange traded fund’s stock after buying an additional 27,528 shares during the period. Simplicity Wealth LLC’s holdings in Sprott Physical Gold Trust were worth $2,341,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in PHYS. World Investment Advisors lifted its stake in shares of Sprott Physical Gold Trust by 36.4% in the 3rd quarter. World Investment Advisors now owns 192,058 shares of the exchange traded fund’s stock valued at $5,689,000 after purchasing an additional 51,243 shares in the last quarter. D.A. Davidson & CO. purchased a new position in Sprott Physical Gold Trust in the third quarter valued at approximately $883,000. Concurrent Investment Advisors LLC raised its holdings in Sprott Physical Gold Trust by 129.2% in the third quarter. Concurrent Investment Advisors LLC now owns 50,432 shares of the exchange traded fund’s stock valued at $1,494,000 after buying an additional 28,428 shares during the period. Avantax Advisory Services Inc. lifted its position in Sprott Physical Gold Trust by 32.3% during the second quarter. Avantax Advisory Services Inc. now owns 545,100 shares of the exchange traded fund’s stock valued at $13,818,000 after buying an additional 132,995 shares in the last quarter. Finally, CWM LLC grew its stake in Sprott Physical Gold Trust by 64.0% during the third quarter. CWM LLC now owns 70,078 shares of the exchange traded fund’s stock worth $2,076,000 after buying an additional 27,355 shares during the period.

Sprott Physical Gold Trust Price Performance

Sprott Physical Gold Trust stock opened at $37.56 on Friday. The firm has a fifty day moving average of $33.26 and a 200-day moving average of $29.85. Sprott Physical Gold Trust has a 52-week low of $21.07 and a 52-week high of $37.61.

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. The company was founded on August 28, 2009 and is headquartered in Toronto, Canada.