BSW Wealth Partners Acquires 703 Shares of Sprott Physical Gold Trust (NYSEARCA:PHYS)

BSW Wealth Partners lifted its holdings in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 3.1% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 23,327 shares of the exchange traded fund’s stock after buying an additional 703 shares during the quarter. BSW Wealth Partners’ holdings in Sprott Physical Gold Trust were worth $475,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Banque Cantonale Vaudoise acquired a new stake in shares of Sprott Physical Gold Trust in the 2nd quarter valued at $36,000. Sunbelt Securities Inc. acquired a new stake in Sprott Physical Gold Trust in the second quarter worth about $51,000. St. Johns Investment Management Company LLC bought a new stake in Sprott Physical Gold Trust during the 3rd quarter worth about $51,000. 1620 Investment Advisors Inc. acquired a new position in Sprott Physical Gold Trust during the 2nd quarter valued at about $55,000. Finally, Evermay Wealth Management LLC lifted its position in Sprott Physical Gold Trust by 567.7% during the 1st quarter. Evermay Wealth Management LLC now owns 3,906 shares of the exchange traded fund’s stock valued at $68,000 after purchasing an additional 3,321 shares during the period.

Sprott Physical Gold Trust Trading Down 0.3 %

Shares of NYSEARCA:PHYS opened at $21.25 on Monday. The company has a 50 day moving average of $20.39 and a 200-day moving average of $19.11. Sprott Physical Gold Trust has a one year low of $15.09 and a one year high of $21.70.

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.