Guild Investment Management Inc. purchased a new stake in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) in the third quarter, Holdings Channel reports. The firm purchased 20,000 shares of the exchange traded fund’s stock, valued at approximately $236,000.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Evanson Asset Management LLC increased its position in shares of Sprott Physical Gold Trust by 12.4% during the third quarter. Evanson Asset Management LLC now owns 5,256,963 shares of the exchange traded fund’s stock valued at $62,137,000 after acquiring an additional 579,581 shares during the last quarter. Polar Asset Management Partners Inc. increased its position in Sprott Physical Gold Trust by 77.4% in the second quarter. Polar Asset Management Partners Inc. now owns 3,893,240 shares of the exchange traded fund’s stock worth $44,110,000 after buying an additional 1,699,065 shares during the last quarter. Morgan Stanley increased its position in Sprott Physical Gold Trust by 3.2% in the second quarter. Morgan Stanley now owns 1,918,413 shares of the exchange traded fund’s stock worth $21,736,000 after buying an additional 59,005 shares during the last quarter. OTA Financial Group L.P. increased its position in Sprott Physical Gold Trust by 860.2% in the second quarter. OTA Financial Group L.P. now owns 1,538,608 shares of the exchange traded fund’s stock worth $17,432,000 after buying an additional 1,378,374 shares during the last quarter. Finally, Wells Fargo & Company MN increased its position in Sprott Physical Gold Trust by 23.4% in the second quarter. Wells Fargo & Company MN now owns 1,134,276 shares of the exchange traded fund’s stock worth $12,851,000 after buying an additional 215,141 shares during the last quarter.

NYSEARCA:PHYS traded up $0.04 during trading hours on Wednesday, reaching $11.94. The stock had a trading volume of 1,955 shares, compared to its average volume of 655,753. The stock has a 50 day simple moving average of $12.09 and a 200 day simple moving average of $11.21. Sprott Physical Gold Trust has a 12-month low of $9.56 and a 12-month high of $12.49.

Sprott Physical Gold Trust Company Profile

Sprott Physical Gold Trust is a closed end investment trust, which engages in the investments and holding substantially all of its assets in physical gold bullion. Its objective is to provides a secure, convenient, and exchange-traded investment alternative for investors. The company was founded on August 28, 2009 and is headquartered in Toronto, Canada.

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Institutional Ownership by Quarter for Sprott Physical Gold Trust (NYSEARCA:PHYS)

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