Veracity Capital LLC increased its stake in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS – Free Report) by 6.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 18,483 shares of the exchange traded fund’s stock after purchasing an additional 1,191 shares during the quarter. Veracity Capital LLC’s holdings in Sprott Physical Gold Trust were worth $377,000 at the end of the most recent quarter.
Several other hedge funds have also modified their holdings of the stock. Cambridge Investment Research Advisors Inc. boosted its position in Sprott Physical Gold Trust by 29.6% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 2,271,370 shares of the exchange traded fund’s stock valued at $41,021,000 after buying an additional 518,649 shares during the last quarter. Bluefin Capital Management LLC raised its holdings in Sprott Physical Gold Trust by 478.6% during the 1st quarter. Bluefin Capital Management LLC now owns 2,023,920 shares of the exchange traded fund’s stock worth $35,014,000 after purchasing an additional 1,674,108 shares during the last quarter. Captrust Financial Advisors lifted its position in Sprott Physical Gold Trust by 4.1% during the 1st quarter. Captrust Financial Advisors now owns 1,823,029 shares of the exchange traded fund’s stock valued at $31,538,000 after purchasing an additional 71,602 shares during the period. Commonwealth Equity Services LLC boosted its stake in shares of Sprott Physical Gold Trust by 16.1% in the 2nd quarter. Commonwealth Equity Services LLC now owns 1,777,810 shares of the exchange traded fund’s stock valued at $32,107,000 after purchasing an additional 247,138 shares during the last quarter. Finally, Envestnet Asset Management Inc. grew its position in shares of Sprott Physical Gold Trust by 28.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,615,548 shares of the exchange traded fund’s stock worth $29,177,000 after buying an additional 361,514 shares during the period.
Sprott Physical Gold Trust Price Performance
PHYS opened at $21.13 on Friday. The firm has a 50 day simple moving average of $19.99 and a 200 day simple moving average of $18.89. Sprott Physical Gold Trust has a fifty-two week low of $15.09 and a fifty-two week high of $21.15.
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.
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