K.J. Harrison & Partners Inc Buys 93,750 Shares of Sprott Physical Gold Trust $PHYS

K.J. Harrison & Partners Inc boosted its holdings in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 52.0% in the second quarter, Holdings Channel.com reports. The fund owned 274,198 shares of the exchange traded fund’s stock after buying an additional 93,750 shares during the quarter. Sprott Physical Gold Trust comprises 1.2% of K.J. Harrison & Partners Inc’s holdings, making the stock its 19th largest holding. K.J. Harrison & Partners Inc’s holdings in Sprott Physical Gold Trust were worth $6,942,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the business. Verity Asset Management Inc. grew its holdings in Sprott Physical Gold Trust by 28.8% during the 2nd quarter. Verity Asset Management Inc. now owns 66,691 shares of the exchange traded fund’s stock worth $1,691,000 after acquiring an additional 14,900 shares during the period. Bank of Montreal Can boosted its stake in Sprott Physical Gold Trust by 8.5% in the 2nd quarter. Bank of Montreal Can now owns 881,244 shares of the exchange traded fund’s stock worth $22,340,000 after purchasing an additional 68,986 shares during the period. Wakefield Asset Management LLLP boosted its stake in Sprott Physical Gold Trust by 6.7% in the 2nd quarter. Wakefield Asset Management LLLP now owns 76,029 shares of the exchange traded fund’s stock worth $1,927,000 after purchasing an additional 4,779 shares during the period. TIAA Trust National Association boosted its stake in Sprott Physical Gold Trust by 177.3% in the 2nd quarter. TIAA Trust National Association now owns 338,085 shares of the exchange traded fund’s stock worth $8,570,000 after purchasing an additional 216,160 shares during the period. Finally, Beam Wealth Advisors Inc. boosted its stake in Sprott Physical Gold Trust by 32.4% in the 2nd quarter. Beam Wealth Advisors Inc. now owns 29,353 shares of the exchange traded fund’s stock worth $744,000 after purchasing an additional 7,190 shares during the period.

Sprott Physical Gold Trust Stock Down 0.3%

Shares of NYSEARCA PHYS opened at $30.35 on Monday. Sprott Physical Gold Trust has a 1-year low of $19.63 and a 1-year high of $33.31. The company has a fifty day moving average price of $29.21 and a 200 day moving average price of $26.81.

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.