Strategic Blueprint LLC Increases Stock Position in Sprott Physical Gold Trust (NYSEARCA:PHYS)

Strategic Blueprint LLC lifted its position in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 12.2% during the third quarter, Holdings Channel reports. The firm owned 250,594 shares of the exchange traded fund’s stock after acquiring an additional 27,223 shares during the period. Strategic Blueprint LLC’s holdings in Sprott Physical Gold Trust were worth $5,107,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Ndwm LLC lifted its position in shares of Sprott Physical Gold Trust by 34.7% during the 1st quarter. Ndwm LLC now owns 19,065 shares of the exchange traded fund’s stock worth $330,000 after buying an additional 4,911 shares in the last quarter. Private Advisor Group LLC boosted its position in Sprott Physical Gold Trust by 88.8% in the first quarter. Private Advisor Group LLC now owns 777,048 shares of the exchange traded fund’s stock worth $13,443,000 after purchasing an additional 365,371 shares during the last quarter. Concourse Financial Group Securities Inc. boosted its position in Sprott Physical Gold Trust by 9.8% in the third quarter. Concourse Financial Group Securities Inc. now owns 6,893 shares of the exchange traded fund’s stock worth $140,000 after purchasing an additional 615 shares during the last quarter. Headlands Technologies LLC bought a new position in Sprott Physical Gold Trust in the 1st quarter valued at $281,000. Finally, Raymond James & Associates increased its position in shares of Sprott Physical Gold Trust by 73.3% during the 3rd quarter. Raymond James & Associates now owns 1,602,282 shares of the exchange traded fund’s stock valued at $32,655,000 after purchasing an additional 677,623 shares during the last quarter.

Sprott Physical Gold Trust Price Performance

Shares of NYSEARCA:PHYS traded up $0.21 during midday trading on Tuesday, reaching $21.51. The company had a trading volume of 569,807 shares, compared to its average volume of 2,028,559. The company’s 50 day moving average price is $20.23 and its 200 day moving average price is $19.03. Sprott Physical Gold Trust has a 52-week low of $15.09 and a 52-week high of $21.53.

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.