Sprott Physical Gold Trust $PHYS Shares Acquired by Verity Asset Management Inc.

Verity Asset Management Inc. increased its holdings in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 28.8% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 66,691 shares of the exchange traded fund’s stock after acquiring an additional 14,900 shares during the quarter. Verity Asset Management Inc.’s holdings in Sprott Physical Gold Trust were worth $1,691,000 as of its most recent filing with the SEC.

Other institutional investors also recently made changes to their positions in the company. Ameriflex Group Inc. raised its position in shares of Sprott Physical Gold Trust by 66.7% in the 2nd quarter. Ameriflex Group Inc. now owns 1,000 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 400 shares in the last quarter. Tradewinds Capital Management LLC raised its holdings in Sprott Physical Gold Trust by 59.8% in the second quarter. Tradewinds Capital Management LLC now owns 1,088 shares of the exchange traded fund’s stock valued at $28,000 after acquiring an additional 407 shares in the last quarter. Cheviot Value Management LLC acquired a new stake in Sprott Physical Gold Trust in the first quarter valued at $30,000. Assetmark Inc. acquired a new stake in Sprott Physical Gold Trust in the first quarter valued at $31,000. Finally, Hilltop National Bank acquired a new stake in Sprott Physical Gold Trust in the second quarter valued at $32,000.

Sprott Physical Gold Trust Stock Down 0.3%

PHYS opened at $30.35 on Monday. The firm’s fifty day moving average price is $29.21 and its 200 day moving average price is $26.81. Sprott Physical Gold Trust has a 12-month low of $19.63 and a 12-month high of $33.31.

Sprott Physical Gold Trust 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.