Sprott Physical Gold Trust $PHYS Shares Bought by Integrated Wealth Concepts LLC

Integrated Wealth Concepts LLC increased its stake in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 14.0% in the third quarter, HoldingsChannel.com reports. The firm owned 509,857 shares of the exchange traded fund’s stock after buying an additional 62,555 shares during the period. Integrated Wealth Concepts LLC’s holdings in Sprott Physical Gold Trust were worth $15,102,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Stratos Wealth Advisors LLC boosted its stake in shares of Sprott Physical Gold Trust by 2.1% in the third quarter. Stratos Wealth Advisors LLC now owns 18,866 shares of the exchange traded fund’s stock valued at $559,000 after purchasing an additional 392 shares during the period. U.S. Capital Wealth Advisors LLC lifted its position in shares of Sprott Physical Gold Trust by 1.4% during the 3rd quarter. U.S. Capital Wealth Advisors LLC now owns 28,021 shares of the exchange traded fund’s stock worth $830,000 after purchasing an additional 400 shares during the last quarter. Latitude Advisors LLC increased its holdings in Sprott Physical Gold Trust by 1.3% in the third quarter. Latitude Advisors LLC now owns 30,240 shares of the exchange traded fund’s stock valued at $896,000 after buying an additional 400 shares during the last quarter. J2 Capital Management Inc increased its holdings in Sprott Physical Gold Trust by 1.5% in the third quarter. J2 Capital Management Inc now owns 29,009 shares of the exchange traded fund’s stock valued at $859,000 after buying an additional 438 shares during the last quarter. Finally, Ashton Thomas Private Wealth LLC raised its stake in Sprott Physical Gold Trust by 1.7% in the third quarter. Ashton Thomas Private Wealth LLC now owns 27,543 shares of the exchange traded fund’s stock valued at $816,000 after buying an additional 452 shares in the last quarter.

Sprott Physical Gold Trust Stock Performance

PHYS stock opened at $38.05 on Tuesday. Sprott Physical Gold Trust has a fifty-two week low of $22.72 and a fifty-two week high of $42.07. The business has a 50 day moving average price of $37.63 and a 200 day moving average price of $33.24.

Sprott Physical Gold Trust Company 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.