CreativeOne Wealth LLC Purchases 36,078 Shares of Sprott Physical Gold Trust (NYSEARCA:PHYS)

CreativeOne Wealth LLC grew its position in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 129.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 63,861 shares of the exchange traded fund’s stock after purchasing an additional 36,078 shares during the period. CreativeOne Wealth LLC’s holdings in Sprott Physical Gold Trust were worth $1,301,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Concourse Financial Group Securities Inc. lifted its stake in Sprott Physical Gold Trust by 9.8% during the third quarter. Concourse Financial Group Securities Inc. now owns 6,893 shares of the exchange traded fund’s stock worth $140,000 after purchasing an additional 615 shares during the last quarter. Raymond James & Associates increased its holdings in shares of Sprott Physical Gold Trust by 73.3% in the third quarter. Raymond James & Associates now owns 1,602,282 shares of the exchange traded fund’s stock worth $32,655,000 after buying an additional 677,623 shares during the period. International Assets Investment Management LLC increased its holdings in shares of Sprott Physical Gold Trust by 2,471.9% in 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 buying an additional 2,748,335 shares during the period. Ashton Thomas Private Wealth LLC purchased a new position in shares of Sprott Physical Gold Trust in the second quarter worth about $164,000. Finally, Vontobel Holding Ltd. purchased a new position in shares of Sprott Physical Gold Trust in the third quarter worth about $204,000.

Sprott Physical Gold Trust Trading Up 1.0 %

PHYS opened at $20.46 on Friday. The business’s 50-day moving average price is $20.65 and its 200-day moving average price is $19.41. Sprott Physical Gold Trust has a 12 month low of $15.31 and a 12 month high of $21.70.

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.