Money Concepts Capital Corp Buys 25,056 Shares of Sprott Physical Gold Trust $PHYS

Money Concepts Capital Corp boosted its stake in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 10.0% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 276,345 shares of the exchange traded fund’s stock after buying an additional 25,056 shares during the period. Money Concepts Capital Corp owned approximately 0.06% of Sprott Physical Gold Trust worth $9,794,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Royal Bank of Canada boosted its holdings in shares of Sprott Physical Gold Trust by 8.2% during the fourth quarter. Royal Bank of Canada now owns 9,516,053 shares of the exchange traded fund’s stock worth $314,220,000 after acquiring an additional 724,321 shares during the period. Federation des caisses Desjardins du Quebec increased its stake in shares of Sprott Physical Gold Trust by 2.3% during the fourth quarter. Federation des caisses Desjardins du Quebec now owns 5,589,846 shares of the exchange traded fund’s stock worth $184,642,000 after purchasing an additional 125,087 shares during the period. CENTRAL TRUST Co increased its stake in shares of Sprott Physical Gold Trust by 26.3% during the first quarter. CENTRAL TRUST Co now owns 5,542,655 shares of the exchange traded fund’s stock worth $196,432,000 after purchasing an additional 1,154,326 shares during the period. Heritage Wealth Advisors acquired a new stake in Sprott Physical Gold Trust during the 4th quarter worth approximately $169,676,000. Finally, Pekin Hardy Strauss Inc. boosted its stake in Sprott Physical Gold Trust by 1.3% in the 4th quarter. Pekin Hardy Strauss Inc. now owns 4,318,119 shares of the exchange traded fund’s stock valued at $142,584,000 after purchasing an additional 56,549 shares during the period.

Sprott Physical Gold Trust Stock Up 1.2%

Shares of NYSEARCA PHYS opened at $31.08 on Friday. The stock’s fifty day moving average price is $32.94 and its two-hundred day moving average price is $35.20. Sprott Physical Gold Trust has a one year low of $25.00 and a one year high of $42.07.

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.