Kingsview Wealth Management LLC Boosts Stock Position in Sprott Physical Gold Trust $PHYS

Kingsview Wealth Management LLC boosted its holdings in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 17.3% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 338,489 shares of the exchange traded fund’s stock after purchasing an additional 49,850 shares during the quarter. Kingsview Wealth Management LLC’s holdings in Sprott Physical Gold Trust were worth $11,177,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of PHYS. CENTRAL TRUST Co grew its holdings in shares of Sprott Physical Gold Trust by 9.1% during the third quarter. CENTRAL TRUST Co now owns 4,649,181 shares of the exchange traded fund’s stock worth $137,709,000 after purchasing an additional 388,033 shares during the last quarter. Pekin Hardy Strauss Inc. grew its holdings in shares of Sprott Physical Gold Trust by 1.3% during the fourth quarter. Pekin Hardy Strauss Inc. now owns 4,318,119 shares of the exchange traded fund’s stock worth $142,584,000 after purchasing an additional 56,549 shares during the last quarter. Jupiter Asset Management Ltd. grew its holdings in shares of Sprott Physical Gold Trust by 39.8% during the third quarter. Jupiter Asset Management Ltd. now owns 3,145,855 shares of the exchange traded fund’s stock worth $92,913,000 after purchasing an additional 896,347 shares during the last quarter. Cambridge Investment Research Advisors Inc. grew its holdings in shares of Sprott Physical Gold Trust by 15.5% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 3,035,301 shares of the exchange traded fund’s stock worth $100,226,000 after purchasing an additional 407,271 shares during the last quarter. Finally, Captrust Financial Advisors grew its holdings in shares of Sprott Physical Gold Trust by 0.3% during the third quarter. Captrust Financial Advisors now owns 2,460,899 shares of the exchange traded fund’s stock worth $72,892,000 after purchasing an additional 7,559 shares during the last quarter.

Sprott Physical Gold Trust Stock Down 1.3%

Shares of PHYS stock opened at $33.68 on Thursday. The stock’s 50-day moving average is $35.18 and its two-hundred day moving average is $35.22. Sprott Physical Gold Trust has a 1 year low of $24.86 and a 1 year high of $42.07.

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