Clarity Financial LLC Purchases Shares of 20,395 Sprott Physical Gold Trust (NYSEARCA:PHYS)

Clarity Financial LLC acquired a new stake in Sprott Physical Gold Trust (NYSEARCA:PHYS) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 20,395 shares of the exchange traded fund’s stock, valued at approximately $353,000.

Separately, Brookstone Capital Management grew its holdings in Sprott Physical Gold Trust by 2.7% in the first quarter. Brookstone Capital Management now owns 126,629 shares of the exchange traded fund’s stock valued at $2,191,000 after purchasing an additional 3,298 shares during the period.

Sprott Physical Gold Trust Trading Up 1.2 %

Shares of NYSEARCA:PHYS opened at $18.07 on Thursday. The business’s 50 day moving average price is $18.15 and its 200-day moving average price is $16.94. Sprott Physical Gold Trust has a 1 year low of $14.00 and a 1 year high of $18.93.

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.