Quadrant Private Wealth Management LLC Acquires 600 Shares of Sprott Physical Gold Trust (NYSEARCA:PHYS)

Quadrant Private Wealth Management LLC boosted its holdings in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 0.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 94,738 shares of the exchange traded fund’s stock after purchasing an additional 600 shares during the period. Quadrant Private Wealth Management LLC’s holdings in Sprott Physical Gold Trust were worth $1,908,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Vontobel Holding Ltd. raised its stake in shares of Sprott Physical Gold Trust by 127.4% in the fourth quarter. Vontobel Holding Ltd. now owns 22,735 shares of the exchange traded fund’s stock valued at $458,000 after acquiring an additional 12,735 shares during the last quarter. G&S Capital LLC raised its stake in shares of Sprott Physical Gold Trust by 5.3% in the fourth quarter. G&S Capital LLC now owns 56,799 shares of the exchange traded fund’s stock valued at $1,144,000 after acquiring an additional 2,884 shares during the last quarter. Capital Wealth Alliance LLC raised its stake in shares of Sprott Physical Gold Trust by 6.0% in the fourth quarter. Capital Wealth Alliance LLC now owns 959,393 shares of the exchange traded fund’s stock valued at $19,320,000 after acquiring an additional 54,635 shares during the last quarter. Latitude Advisors LLC raised its stake in shares of Sprott Physical Gold Trust by 6.1% in the fourth quarter. Latitude Advisors LLC now owns 29,240 shares of the exchange traded fund’s stock valued at $589,000 after acquiring an additional 1,669 shares during the last quarter. Finally, Elevate Capital Advisors LLC bought a new position in shares of Sprott Physical Gold Trust in the fourth quarter valued at approximately $4,428,000.

Sprott Physical Gold Trust Price Performance

Shares of Sprott Physical Gold Trust stock opened at $22.33 on Friday. The firm has a 50 day simple moving average of $20.96 and a 200 day simple moving average of $20.41. Sprott Physical Gold Trust has a fifty-two week low of $15.40 and a fifty-two week high of $22.71.

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.