23,469 Shares in Sprott Physical Gold Trust $PHYS Bought by Meridian Wealth Advisors LLC

Meridian Wealth Advisors LLC acquired a new position in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 23,469 shares of the exchange traded fund’s stock, valued at approximately $595,000.

Other institutional investors also recently bought and sold shares of the company. IMC Chicago LLC boosted its stake in shares of Sprott Physical Gold Trust by 2,849.6% during the second quarter. IMC Chicago LLC now owns 3,204,243 shares of the exchange traded fund’s stock worth $81,228,000 after buying an additional 3,095,611 shares during the period. Royal Bank of Canada raised its stake in Sprott Physical Gold Trust by 18.3% during the 1st quarter. Royal Bank of Canada now owns 7,917,978 shares of the exchange traded fund’s stock valued at $190,507,000 after acquiring an additional 1,225,695 shares during the last quarter. Scotia Capital Inc. lifted its position in Sprott Physical Gold Trust by 137.0% during the 1st quarter. Scotia Capital Inc. now owns 758,099 shares of the exchange traded fund’s stock worth $18,262,000 after acquiring an additional 438,259 shares during the period. Hengehold Capital Management LLC lifted its position in Sprott Physical Gold Trust by 982.6% during the 2nd quarter. Hengehold Capital Management LLC now owns 456,451 shares of the exchange traded fund’s stock worth $11,571,000 after acquiring an additional 414,288 shares during the period. Finally, Avantax Advisory Services Inc. grew its stake in shares of Sprott Physical Gold Trust by 2,489.9% in the 1st quarter. Avantax Advisory Services Inc. now owns 412,105 shares of the exchange traded fund’s stock valued at $9,915,000 after purchasing an additional 396,193 shares during the last quarter.

Sprott Physical Gold Trust Price Performance

NYSEARCA:PHYS opened at $31.02 on Friday. Sprott Physical Gold Trust has a 12-month low of $19.89 and a 12-month high of $33.31. The stock’s 50 day simple moving average is $30.35 and its 200-day simple moving average is $27.37.

Sprott Physical Gold Trust Company 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.