Walser Wealth Management Company A Ltd Liability Co Invests $880,000 in Sprott Physical Gold Trust $PHYS

Walser Wealth Management Company A Ltd Liability Co bought a new position in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 26,662 shares of the exchange traded fund’s stock, valued at approximately $880,000.

Several other institutional investors also recently bought and sold shares of PHYS. Fiduciary Alliance LLC boosted its position in Sprott Physical Gold Trust by 4.4% in the 4th quarter. Fiduciary Alliance LLC now owns 7,195 shares of the exchange traded fund’s stock worth $238,000 after purchasing an additional 300 shares in the last quarter. Latitude Advisors LLC grew its stake in shares of Sprott Physical Gold Trust by 1.0% during the 4th quarter. Latitude Advisors LLC now owns 30,540 shares of the exchange traded fund’s stock worth $1,008,000 after purchasing an additional 300 shares during the period. Principal Securities Inc. grew its stake in shares of Sprott Physical Gold Trust by 2.5% during the 4th quarter. Principal Securities Inc. now owns 12,600 shares of the exchange traded fund’s stock worth $416,000 after purchasing an additional 302 shares during the period. Euro Pacific Asset Management LLC increased its holdings in shares of Sprott Physical Gold Trust by 0.9% during the 4th quarter. Euro Pacific Asset Management LLC now owns 48,180 shares of the exchange traded fund’s stock valued at $1,591,000 after purchasing an additional 408 shares in the last quarter. Finally, Manchester Financial Inc. increased its holdings in shares of Sprott Physical Gold Trust by 5.9% during the 4th quarter. Manchester Financial Inc. now owns 7,360 shares of the exchange traded fund’s stock valued at $243,000 after purchasing an additional 410 shares in the last quarter.

Sprott Physical Gold Trust Trading Down 0.4%

PHYS opened at $31.82 on Friday. The firm has a fifty day moving average price of $34.49 and a 200 day moving average price of $35.38. Sprott Physical Gold Trust has a 1 year low of $24.86 and a 1 year high of $42.07.

Sprott Physical Gold Trust 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.