EverSource Wealth Advisors LLC Has $1.87 Million Stock Position in Sprott Physical Gold Trust $PHYS

EverSource Wealth Advisors LLC boosted its holdings in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 42.7% during the 4th quarter, Holdings Channel reports. The institutional investor owned 56,518 shares of the exchange traded fund’s stock after buying an additional 16,909 shares during the period. EverSource Wealth Advisors LLC’s holdings in Sprott Physical Gold Trust were worth $1,866,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Enclave Advisors LLC acquired a new position in Sprott Physical Gold Trust in the 4th quarter worth about $3,022,000. BCS Wealth Management increased its position in Sprott Physical Gold Trust by 99.1% in the 4th quarter. BCS Wealth Management now owns 55,738 shares of the exchange traded fund’s stock worth $1,840,000 after purchasing an additional 27,744 shares during the last quarter. Cyndeo Wealth Partners LLC increased its position in Sprott Physical Gold Trust by 4.3% in the 4th quarter. Cyndeo Wealth Partners LLC now owns 696,431 shares of the exchange traded fund’s stock worth $22,996,000 after purchasing an additional 28,702 shares during the last quarter. Dakota Wealth Management increased its position in Sprott Physical Gold Trust by 21.5% in the 3rd quarter. Dakota Wealth Management now owns 147,217 shares of the exchange traded fund’s stock worth $4,361,000 after purchasing an additional 26,060 shares during the last quarter. Finally, 180 Wealth Advisors LLC acquired a new position in Sprott Physical Gold Trust in the 4th quarter worth about $540,000.

Sprott Physical Gold Trust Stock Down 0.8%

Shares of PHYS stock opened at $34.11 on Friday. Sprott Physical Gold Trust has a fifty-two week low of $24.86 and a fifty-two week high of $42.07. The stock’s 50-day moving average is $35.43 and its two-hundred day moving average is $35.11.

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. The company was founded on August 28, 2009 and is headquartered in Toronto, Canada.