Capital City Trust Co. FL Makes New Investment in Sprott Physical Gold Trust (NYSEARCA:PHYS)

Capital City Trust Co. FL purchased a new stake in Sprott Physical Gold Trust (NYSEARCA:PHYS) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 10,250 shares of the exchange traded fund’s stock, valued at approximately $209,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Islay Capital Management LLC raised its holdings in shares of Sprott Physical Gold Trust by 1.4% during the third quarter. Islay Capital Management LLC now owns 41,161 shares of the exchange traded fund’s stock valued at $839,000 after acquiring an additional 550 shares during the period. Straight Path Wealth Management raised its stake in Sprott Physical Gold Trust by 1.5% during the 3rd quarter. Straight Path Wealth Management now owns 34,950 shares of the exchange traded fund’s stock valued at $712,000 after purchasing an additional 500 shares during the period. Natixis Advisors LLC acquired a new stake in Sprott Physical Gold Trust during the 3rd quarter valued at $219,000. OneDigital Investment Advisors LLC lifted its holdings in shares of Sprott Physical Gold Trust by 113.0% in the third quarter. OneDigital Investment Advisors LLC now owns 27,458 shares of the exchange traded fund’s stock valued at $560,000 after purchasing an additional 14,564 shares in the last quarter. Finally, Oppenheimer & Co. Inc. boosted its position in shares of Sprott Physical Gold Trust by 40.5% in the third quarter. Oppenheimer & Co. Inc. now owns 171,700 shares of the exchange traded fund’s stock worth $3,499,000 after buying an additional 49,454 shares during the period.

Sprott Physical Gold Trust Trading Up 0.1 %

Shares of PHYS stock opened at $19.67 on Monday. The stock’s fifty day simple moving average is $20.56 and its 200-day simple moving average is $19.28. Sprott Physical Gold Trust has a 1-year low of $15.31 and a 1-year 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.