Nwam LLC Increases Holdings in Sprott Physical Gold Trust (NYSEARCA:PHYS)

Nwam LLC increased its stake in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 0.9% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 62,364 shares of the exchange traded fund’s stock after buying an additional 557 shares during the quarter. Nwam LLC’s holdings in Sprott Physical Gold Trust were worth $1,256,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the stock. Legacy Investment Solutions LLC bought a new stake in Sprott Physical Gold Trust in the third quarter worth about $28,000. Missouri Trust & Investment Co increased its stake in shares of Sprott Physical Gold Trust by 160.9% during the 3rd quarter. Missouri Trust & Investment Co now owns 2,609 shares of the exchange traded fund’s stock worth $53,000 after purchasing an additional 1,609 shares during the last quarter. First Horizon Advisors Inc. bought a new stake in shares of Sprott Physical Gold Trust in the 3rd quarter worth approximately $54,000. Salomon & Ludwin LLC purchased a new position in Sprott Physical Gold Trust in the fourth quarter valued at approximately $65,000. Finally, AdvisorNet Financial Inc lifted its stake in Sprott Physical Gold Trust by 7,000.0% in the fourth quarter. AdvisorNet Financial Inc now owns 3,550 shares of the exchange traded fund’s stock valued at $71,000 after purchasing an additional 3,500 shares during the last quarter.

Sprott Physical Gold Trust Price Performance

NYSEARCA:PHYS opened at $22.31 on Friday. The business has a fifty day simple moving average of $21.35 and a two-hundred day simple moving average of $20.64. Sprott Physical Gold Trust has a 1 year low of $15.64 and a 1 year high of $22.91.

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.