Sprott Physical Gold Trust $PHYS Shares Acquired by Transcend Capital Advisors LLC

Transcend Capital Advisors LLC boosted its holdings in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 12.4% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 348,029 shares of the exchange traded fund’s stock after buying an additional 38,280 shares during the quarter. Sprott Physical Gold Trust accounts for 0.7% of Transcend Capital Advisors LLC’s holdings, making the stock its 29th largest position. Transcend Capital Advisors LLC’s holdings in Sprott Physical Gold Trust were worth $10,309,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Ameriflex Group Inc. boosted its stake in shares of Sprott Physical Gold Trust by 66.7% during the 2nd quarter. Ameriflex Group Inc. now owns 1,000 shares of the exchange traded fund’s stock worth $25,000 after acquiring an additional 400 shares in the last quarter. Parkside Financial Bank & Trust lifted its holdings in shares of Sprott Physical Gold Trust by 36.4% during the second quarter. Parkside Financial Bank & Trust now owns 1,500 shares of the exchange traded fund’s stock valued at $38,000 after purchasing an additional 400 shares during the last quarter. U.S. Capital Wealth Advisors LLC lifted its holdings in shares of Sprott Physical Gold Trust by 1.4% during the third quarter. U.S. Capital Wealth Advisors LLC now owns 28,021 shares of the exchange traded fund’s stock valued at $830,000 after purchasing an additional 400 shares during the last quarter. Latitude Advisors LLC boosted its position in shares of Sprott Physical Gold Trust by 1.3% in the 3rd quarter. Latitude Advisors LLC now owns 30,240 shares of the exchange traded fund’s stock valued at $896,000 after purchasing an additional 400 shares during the period. Finally, Tradewinds Capital Management LLC increased its stake in Sprott Physical Gold Trust by 59.8% in the 2nd quarter. Tradewinds Capital Management LLC now owns 1,088 shares of the exchange traded fund’s stock worth $28,000 after purchasing an additional 407 shares in the last quarter.

Sprott Physical Gold Trust Stock Down 10.9%

PHYS stock opened at $36.46 on Friday. Sprott Physical Gold Trust has a one year low of $21.59 and a one year high of $42.07. The firm has a 50-day moving average of $34.22 and a two-hundred day moving average of $30.45.

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.