Nwam LLC Raises Position in Sprott Physical Gold Trust (NYSEARCA:PHYS)

Nwam LLC grew its stake in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 0.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 62,364 shares of the exchange traded fund’s stock after purchasing an additional 557 shares during the quarter. Nwam LLC’s holdings in Sprott Physical Gold Trust were worth $1,256,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the stock. Cutter & CO Brokerage Inc. raised its position in Sprott Physical Gold Trust by 29.6% in the 4th quarter. Cutter & CO Brokerage Inc. now owns 21,250 shares of the exchange traded fund’s stock valued at $428,000 after buying an additional 4,850 shares during the last quarter. Sprott Inc. grew its stake in shares of Sprott Physical Gold Trust by 14.9% in the 4th quarter. Sprott Inc. now owns 2,087,486 shares of the exchange traded fund’s stock worth $42,043,000 after acquiring an additional 270,064 shares in the last quarter. Pine Valley Investments Ltd Liability Co raised its holdings in shares of Sprott Physical Gold Trust by 18.3% in the fourth quarter. Pine Valley Investments Ltd Liability Co now owns 114,695 shares of the exchange traded fund’s stock valued at $2,310,000 after purchasing an additional 17,721 shares during the last quarter. Pekin Hardy Strauss Inc. lifted its position in shares of Sprott Physical Gold Trust by 3.6% during the fourth quarter. Pekin Hardy Strauss Inc. now owns 4,196,788 shares of the exchange traded fund’s stock valued at $84,523,000 after purchasing an additional 144,824 shares in the last quarter. Finally, Sigma Planning Corp boosted its holdings in Sprott Physical Gold Trust by 1.2% during the fourth quarter. Sigma Planning Corp now owns 63,560 shares of the exchange traded fund’s stock worth $1,280,000 after purchasing an additional 770 shares during the last quarter.

Sprott Physical Gold Trust Stock Down 1.5 %

Shares of PHYS stock opened at $22.31 on Friday. Sprott Physical Gold Trust has a 52-week low of $15.64 and a 52-week high of $22.91. The company has a 50-day simple moving average of $21.35 and a two-hundred day simple moving average of $20.64.

Sprott Physical Gold Trust 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.