Silver Oak Securities Incorporated Acquires 29,503 Shares of Sprott Physical Gold Trust $PHYS

Silver Oak Securities Incorporated lifted its holdings in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 60.1% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 78,602 shares of the exchange traded fund’s stock after acquiring an additional 29,503 shares during the period. Silver Oak Securities Incorporated’s holdings in Sprott Physical Gold Trust were worth $2,610,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the business. Transce3nd LLC boosted its holdings 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 valued at $38,000 after purchasing an additional 855 shares during the period. Eastern Bank bought a new position in shares of Sprott Physical Gold Trust during the fourth quarter worth approximately $47,000. Strategic Advocates LLC bought a new position in shares of Sprott Physical Gold Trust during the third quarter worth approximately $51,000. Franklin Resources Inc. acquired a new stake in shares of Sprott Physical Gold Trust in the third quarter valued at approximately $74,000. Finally, Smartleaf Asset Management LLC raised its position in shares of Sprott Physical Gold Trust by 80.1% in the second quarter. Smartleaf Asset Management LLC now owns 3,937 shares of the exchange traded fund’s stock valued at $98,000 after buying an additional 1,751 shares in the last quarter.

Sprott Physical Gold Trust Trading Up 0.1%

Shares of PHYS stock opened at $34.14 on Tuesday. Sprott Physical Gold Trust has a 1 year low of $22.72 and a 1 year high of $42.07. The stock has a 50 day simple moving average of $37.59 and a 200 day simple moving average of $33.74.

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