Compass Capital Corp MA ADV Acquires Shares of 40,913 Sprott Physical Gold Trust (NYSEARCA:PHYS)

Compass Capital Corp MA ADV acquired a new stake in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 40,913 shares of the exchange traded fund’s stock, valued at approximately $824,000.

Other institutional investors also recently added to or reduced their stakes in the company. Legacy Investment Solutions LLC acquired a new stake in Sprott Physical Gold Trust during the third quarter valued at approximately $28,000. St. Johns Investment Management Company LLC bought a new position in shares of Sprott Physical Gold Trust in the third quarter valued at approximately $51,000. Missouri Trust & Investment Co raised its stake in shares of Sprott Physical Gold Trust by 160.9% in the third quarter. Missouri Trust & Investment Co now owns 2,609 shares of the exchange traded fund’s stock valued at $53,000 after acquiring an additional 1,609 shares during the last quarter. First Horizon Advisors Inc. bought a new position in shares of Sprott Physical Gold Trust in the third quarter valued at approximately $54,000. Finally, Salomon & Ludwin LLC bought a new position in shares of Sprott Physical Gold Trust in the fourth quarter valued at approximately $65,000.

Sprott Physical Gold Trust Trading Up 0.3 %

NYSEARCA:PHYS opened at $22.75 on Friday. Sprott Physical Gold Trust has a 1 year low of $15.55 and a 1 year high of $22.80. The firm has a 50 day moving average of $21.11 and a 200-day moving average of $20.51.

Sprott Physical Gold Trust Company Profile

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.