Sprott Physical Gold Trust (NYSEARCA:PHYS) Shares Purchased by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. raised its stake in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 40.5% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 171,700 shares of the exchange traded fund’s stock after buying an additional 49,454 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Sprott Physical Gold Trust were worth $3,499,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Missouri Trust & Investment Co grew its holdings in shares of Sprott Physical Gold Trust by 160.9% during the third quarter. Missouri Trust & Investment Co now owns 2,609 shares of the exchange traded fund’s stock worth $53,000 after buying an additional 1,609 shares in the last quarter. Ashton Thomas Private Wealth LLC grew its stake in Sprott Physical Gold Trust by 39.1% in the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 12,617 shares of the exchange traded fund’s stock worth $257,000 after acquiring an additional 3,548 shares during the period. Harbour Investments Inc. raised its holdings in Sprott Physical Gold Trust by 2.9% in the 3rd quarter. Harbour Investments Inc. now owns 34,207 shares of the exchange traded fund’s stock valued at $697,000 after acquiring an additional 950 shares during the last quarter. Nations Financial Group Inc. IA ADV purchased a new position in shares of Sprott Physical Gold Trust during the 3rd quarter worth $2,405,000. Finally, Beam Wealth Advisors Inc. purchased a new position in shares of Sprott Physical Gold Trust during the 3rd quarter worth $396,000.

Sprott Physical Gold Trust Price Performance

Shares of NYSEARCA:PHYS opened at $19.66 on Friday. The business has a fifty day simple moving average of $20.56 and a 200-day simple moving average of $19.26. Sprott Physical Gold Trust has a 52 week low of $15.31 and a 52 week 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.