Sprott Physical Gold Trust $PHYS Stock Holdings Increased by KOM Wealth Management Group LLC

KOM Wealth Management Group LLC grew its holdings in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 36.2% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 203,176 shares of the exchange traded fund’s stock after acquiring an additional 53,968 shares during the period. Sprott Physical Gold Trust accounts for approximately 3.2% of KOM Wealth Management Group LLC’s holdings, making the stock its 9th largest position. KOM Wealth Management Group LLC’s holdings in Sprott Physical Gold Trust were worth $6,353,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of PHYS. CENTRAL TRUST Co raised its holdings in shares of Sprott Physical Gold Trust by 26.3% during the 1st quarter. CENTRAL TRUST Co now owns 5,542,655 shares of the exchange traded fund’s stock valued at $196,432,000 after purchasing an additional 1,154,326 shares in the last quarter. Evanson Financial LLC acquired a new stake in shares of Sprott Physical Gold Trust in the 2nd quarter valued at $108,576,000. IMC Chicago LLC lifted its stake in shares of Sprott Physical Gold Trust by 494.3% in the 1st quarter. IMC Chicago LLC now owns 2,449,218 shares of the exchange traded fund’s stock valued at $86,800,000 after purchasing an additional 2,037,133 shares during the last quarter. Cetera Investment Advisers boosted its holdings in Sprott Physical Gold Trust by 5.6% in the first quarter. Cetera Investment Advisers now owns 1,726,789 shares of the exchange traded fund’s stock worth $61,197,000 after purchasing an additional 91,695 shares in the last quarter. Finally, Kestra Advisory Services LLC boosted its holdings in Sprott Physical Gold Trust by 39.7% in the first quarter. Kestra Advisory Services LLC now owns 1,347,193 shares of the exchange traded fund’s stock worth $47,745,000 after purchasing an additional 382,603 shares in the last quarter.

Sprott Physical Gold Trust Price Performance

Sprott Physical Gold Trust stock opened at $31.52 on Friday. Sprott Physical Gold Trust has a one year low of $29.30 and a one year high of $42.07. The company’s fifty day moving average price is $32.80 and its two-hundred day moving average price is $33.03.

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.