JNBA Financial Advisors Has $88,000 Stock Holdings in Sprott Physical Gold Trust (NYSEARCA:PHYS)

JNBA Financial Advisors lifted its stake in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 749.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,296 shares of the exchange traded fund’s stock after buying an additional 3,790 shares during the period. JNBA Financial Advisors’ holdings in Sprott Physical Gold Trust were worth $88,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in PHYS. International Assets Investment Management LLC lifted its position in shares of Sprott Physical Gold Trust by 2,471.9% during the third quarter. International Assets Investment Management LLC now owns 2,859,518 shares of the exchange traded fund’s stock worth $58,277,000 after purchasing an additional 2,748,335 shares in the last quarter. Cambridge Investment Research Advisors Inc. increased its position in Sprott Physical Gold Trust by 29.6% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 2,271,370 shares of the exchange traded fund’s stock worth $41,021,000 after purchasing an additional 518,649 shares during the period. Bluefin Capital Management LLC raised its holdings in Sprott Physical Gold Trust by 478.6% during the 1st quarter. Bluefin Capital Management LLC now owns 2,023,920 shares of the exchange traded fund’s stock worth $35,014,000 after purchasing an additional 1,674,108 shares during the last quarter. Captrust Financial Advisors lifted its position in Sprott Physical Gold Trust by 4.1% during the 1st quarter. Captrust Financial Advisors now owns 1,823,029 shares of the exchange traded fund’s stock valued at $31,538,000 after purchasing an additional 71,602 shares during the period. Finally, Commonwealth Equity Services LLC boosted its stake in shares of Sprott Physical Gold Trust by 16.1% in the 2nd quarter. Commonwealth Equity Services LLC now owns 1,777,810 shares of the exchange traded fund’s stock valued at $32,107,000 after purchasing an additional 247,138 shares during the last quarter.

Sprott Physical Gold Trust Price Performance

PHYS opened at $20.64 on Thursday. The firm has a 50 day simple moving average of $20.48 and a 200 day simple moving average of $19.17. Sprott Physical Gold Trust has a fifty-two week low of $15.09 and a fifty-two week high of $21.70.

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.