Crown Wealth Group LLC Acquires 3,791 Shares of Sprott Physical Gold Trust (NYSEARCA:PHYS)

Crown Wealth Group LLC raised its holdings in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 17.2% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 25,862 shares of the exchange traded fund’s stock after purchasing an additional 3,791 shares during the period. Crown Wealth Group LLC’s holdings in Sprott Physical Gold Trust were worth $521,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in PHYS. Straight Path Wealth Management raised its position in shares of Sprott Physical Gold Trust by 1.5% in the third quarter. Straight Path Wealth Management now owns 34,950 shares of the exchange traded fund’s stock valued at $712,000 after buying an additional 500 shares in the last quarter. Wealth Alliance Advisory Group LLC increased its stake in Sprott Physical Gold Trust by 4.3% during the 4th quarter. Wealth Alliance Advisory Group LLC now owns 12,089 shares of the exchange traded fund’s stock worth $243,000 after acquiring an additional 500 shares during the period. J.W. Cole Advisors Inc. raised its holdings in Sprott Physical Gold Trust by 1.2% in the 4th quarter. J.W. Cole Advisors Inc. now owns 42,131 shares of the exchange traded fund’s stock valued at $849,000 after acquiring an additional 519 shares in the last quarter. Islay Capital Management LLC lifted its position in shares of Sprott Physical Gold Trust by 1.4% during the 3rd quarter. Islay Capital Management LLC now owns 41,161 shares of the exchange traded fund’s stock valued at $839,000 after acquiring an additional 550 shares during the period. Finally, Nwam LLC grew its holdings in shares of Sprott Physical Gold Trust by 0.9% during the 4th quarter. Nwam LLC now owns 62,364 shares of the exchange traded fund’s stock worth $1,256,000 after purchasing an additional 557 shares in the last quarter.

Sprott Physical Gold Trust Stock Performance

Shares of NYSEARCA PHYS opened at $22.66 on Thursday. Sprott Physical Gold Trust has a 52 week low of $15.63 and a 52 week high of $22.91. The stock’s fifty day moving average is $21.30 and its 200 day moving average is $20.63.

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.