TIAA Trust National Association boosted its holdings in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS – Free Report) by 10.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 372,023 shares of the exchange traded fund’s stock after purchasing an additional 33,938 shares during the period. TIAA Trust National Association owned approximately 0.08% of Sprott Physical Gold Trust worth $11,019,000 at the end of the most recent quarter.
Other large investors have also recently added to or reduced their stakes in the company. World Investment Advisors grew its holdings 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 worth $5,689,000 after acquiring an additional 51,243 shares during the last quarter. D.A. Davidson & CO. acquired a new position in shares of Sprott Physical Gold Trust in the 3rd quarter valued at $883,000. Concurrent Investment Advisors LLC boosted its position in shares of Sprott Physical Gold Trust by 129.2% in the 3rd quarter. Concurrent Investment Advisors LLC now owns 50,432 shares of the exchange traded fund’s stock valued at $1,494,000 after purchasing an additional 28,428 shares during the period. Avantax Advisory Services Inc. increased its stake in Sprott Physical Gold Trust by 32.3% in the 2nd quarter. Avantax Advisory Services Inc. now owns 545,100 shares of the exchange traded fund’s stock worth $13,818,000 after purchasing an additional 132,995 shares in the last quarter. Finally, CWM LLC raised its holdings in Sprott Physical Gold Trust by 64.0% during the 3rd 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 Stock Up 1.2%
PHYS stock opened at $40.15 on Friday. Sprott Physical Gold Trust has a one year low of $21.96 and a one year high of $42.07. The firm has a 50-day moving average of $36.46 and a two-hundred day moving average of $32.12.
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.
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