ORG Partners LLC Buys Shares of 231,489 Sprott Physical Gold Trust (NYSEARCA:PHYS)

ORG Partners LLC acquired a new position in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 231,489 shares of the exchange traded fund’s stock, valued at approximately $4,046,000. Sprott Physical Gold Trust accounts for about 7.7% of ORG Partners LLC’s holdings, making the stock its 4th biggest position. ORG Partners LLC owned about 0.06% of Sprott Physical Gold Trust as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of PHYS. St. Johns Investment Management Company LLC purchased a new stake in Sprott Physical Gold Trust in the 1st quarter worth about $104,000. Howard Financial Services LTD. bought a new stake in Sprott Physical Gold Trust in the 1st quarter worth approximately $175,000. Ndwm LLC lifted its position in Sprott Physical Gold Trust by 34.7% in the 1st quarter. Ndwm LLC now owns 19,065 shares of the exchange traded fund’s stock worth $330,000 after buying an additional 4,911 shares during the last quarter. Larson Financial Group LLC lifted its position in Sprott Physical Gold Trust by 28.5% in the first quarter. Larson Financial Group LLC now owns 19,885 shares of the exchange traded fund’s stock valued at $344,000 after purchasing an additional 4,410 shares during the last quarter. Finally, Clarity Financial LLC bought a new stake in Sprott Physical Gold Trust in the first quarter valued at approximately $353,000.

Sprott Physical Gold Trust Stock Performance

Shares of NYSEARCA PHYS remained flat at $18.70 during trading on Friday. The stock had a trading volume of 1,084,890 shares, compared to its average volume of 1,971,065. Sprott Physical Gold Trust has a 52-week low of $14.00 and a 52-week high of $18.93. The business’s 50-day moving average is $18.20 and its 200-day moving average is $17.13.

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.