Flow Traders U.S. LLC Takes $1.99 Million Position in Sprott Physical Gold Trust (NYSEARCA:PHYS)

Flow Traders U.S. LLC bought a new position in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund bought 97,676 shares of the exchange traded fund’s stock, valued at approximately $1,991,000.

Other large investors have also added to or reduced their stakes in the company. Banque Cantonale Vaudoise bought a new position in Sprott Physical Gold Trust during the 2nd quarter worth $36,000. St. Johns Investment Management Company LLC acquired a new position in shares of Sprott Physical Gold Trust in the third quarter valued at about $51,000. Missouri Trust & Investment Co increased its position in 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 acquiring an additional 1,609 shares during the period. First Horizon Advisors Inc. acquired a new stake in Sprott Physical Gold Trust in the 3rd quarter worth about $54,000. Finally, Sunbelt Securities Inc. bought a new stake in Sprott Physical Gold Trust in the 2nd quarter valued at about $51,000.

Sprott Physical Gold Trust Stock Performance

Shares of NYSEARCA:PHYS opened at $20.46 on Monday. Sprott Physical Gold Trust has a 12-month low of $15.31 and a 12-month high of $21.70. The company’s 50 day moving average price is $20.66 and its two-hundred day moving average price is $19.43.

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.