Sprott Physical Gold Trust $PHYS Holdings Lifted by TIAA Trust National Association

TIAA Trust National Association increased its holdings in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 10.0% in the 3rd quarter, Holdings Channel reports. The fund owned 372,023 shares of the exchange traded fund’s stock after purchasing an additional 33,938 shares during the period. TIAA Trust National Association’s holdings in Sprott Physical Gold Trust were worth $11,019,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of PHYS. Manchester Capital Management LLC acquired a new position in shares of Sprott Physical Gold Trust in the 2nd quarter valued at about $25,000. MTM Investment Management LLC purchased a new position in Sprott Physical Gold Trust during the second quarter valued at approximately $30,000. Legacy Investment Solutions LLC acquired a new position in Sprott Physical Gold Trust in the 2nd quarter valued at approximately $36,000. Parkside Financial Bank & Trust increased its stake in Sprott Physical Gold Trust by 36.4% in the 2nd quarter. Parkside Financial Bank & Trust now owns 1,500 shares of the exchange traded fund’s stock valued at $38,000 after buying an additional 400 shares during the period. Finally, Transce3nd LLC lifted its position in Sprott Physical Gold Trust by 129.5% in the 2nd quarter. Transce3nd LLC now owns 1,515 shares of the exchange traded fund’s stock worth $38,000 after buying an additional 855 shares in the last quarter.

Sprott Physical Gold Trust Stock Performance

Sprott Physical Gold Trust stock opened at $40.15 on Friday. Sprott Physical Gold Trust has a 12 month low of $21.96 and a 12 month high of $42.07. The company’s fifty day simple moving average is $36.46 and its 200-day simple moving average is $32.12.

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. The company was founded on August 28, 2009 and is headquartered in Toronto, Canada.