Sprott Physical Gold Trust $PHYS is Oberndorf William E’s 6th Largest Position

Oberndorf William E increased its holdings in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 37.9% in the 3rd quarter, HoldingsChannel reports. The fund owned 222,164 shares of the exchange traded fund’s stock after purchasing an additional 61,090 shares during the quarter. Sprott Physical Gold Trust makes up approximately 8.9% of Oberndorf William E’s holdings, making the stock its 6th biggest holding. Oberndorf William E’s holdings in Sprott Physical Gold Trust were worth $6,580,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of PHYS. Manchester Capital Management LLC acquired a new position in Sprott Physical Gold Trust in the second quarter valued at about $25,000. MTM Investment Management LLC purchased a new position in shares of Sprott Physical Gold Trust during the 2nd quarter worth approximately $30,000. Parkside Financial Bank & Trust increased its holdings 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 purchasing an additional 400 shares during the last quarter. Transce3nd LLC lifted its stake in Sprott Physical Gold Trust by 129.5% during the second quarter. Transce3nd LLC now owns 1,515 shares of the exchange traded fund’s stock worth $38,000 after purchasing an additional 855 shares in the last quarter. Finally, Assetmark Inc. boosted its position in shares of Sprott Physical Gold Trust by 79.6% during the second quarter. Assetmark Inc. now owns 2,285 shares of the exchange traded fund’s stock worth $58,000 after buying an additional 1,013 shares during the period.

Sprott Physical Gold Trust Price Performance

PHYS opened at $39.15 on Tuesday. The stock’s 50-day moving average price is $37.08 and its 200 day moving average price is $32.79. Sprott Physical Gold Trust has a 12-month low of $22.45 and a 12-month high of $42.07.

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.