Cambridge Investment Research Advisors Inc. Purchases 407,271 Shares of Sprott Physical Gold Trust $PHYS

Cambridge Investment Research Advisors Inc. increased its position in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 15.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,035,301 shares of the exchange traded fund’s stock after purchasing an additional 407,271 shares during the quarter. Cambridge Investment Research Advisors Inc.’s holdings in Sprott Physical Gold Trust were worth $100,226,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. O Brien Greene & Co. Inc lifted its position in Sprott Physical Gold Trust by 5.9% in the fourth quarter. O Brien Greene & Co. Inc now owns 565,616 shares of the exchange traded fund’s stock worth $18,677,000 after purchasing an additional 31,714 shares during the period. Cauble & Harre Wealth Management Inc. bought a new position in Sprott Physical Gold Trust in the fourth quarter worth $5,173,000. AlphaCore Capital LLC lifted its position in Sprott Physical Gold Trust by 110.0% in the fourth quarter. AlphaCore Capital LLC now owns 127,737 shares of the exchange traded fund’s stock worth $4,218,000 after purchasing an additional 66,900 shares during the period. Avantax Planning Partners Inc. bought a new position in Sprott Physical Gold Trust in the fourth quarter worth $220,000. Finally, Pinnacle Associates Ltd. bought a new position in Sprott Physical Gold Trust in the fourth quarter worth $209,000.

Sprott Physical Gold Trust Stock Down 2.4%

Shares of PHYS stock opened at $34.42 on Friday. Sprott Physical Gold Trust has a one year low of $24.12 and a one year high of $42.07. The stock has a fifty day moving average price of $35.93 and a 200 day moving average price of $34.96.

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