Sprott Physical Gold Trust (NYSEARCA:PHYS) Shares Acquired by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. increased its holdings in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 2.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 166,541 shares of the exchange traded fund’s stock after purchasing an additional 4,295 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Sprott Physical Gold Trust were worth $4,007,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Truist Financial Corp boosted its holdings in shares of Sprott Physical Gold Trust by 7.2% in the 4th quarter. Truist Financial Corp now owns 90,924 shares of the exchange traded fund’s stock valued at $1,831,000 after buying an additional 6,122 shares in the last quarter. Pine Valley Investments Ltd Liability Co lifted its position in Sprott Physical Gold Trust by 18.3% in the fourth quarter. Pine Valley Investments Ltd Liability Co now owns 114,695 shares of the exchange traded fund’s stock valued at $2,310,000 after acquiring an additional 17,721 shares during the last quarter. Sprott Inc. boosted its stake in Sprott Physical Gold Trust by 14.9% in the fourth quarter. Sprott Inc. now owns 2,087,486 shares of the exchange traded fund’s stock valued at $42,043,000 after acquiring an additional 270,064 shares in the last quarter. Cutter & CO Brokerage Inc. grew its holdings in shares of Sprott Physical Gold Trust by 29.6% during the fourth quarter. Cutter & CO Brokerage Inc. now owns 21,250 shares of the exchange traded fund’s stock worth $428,000 after purchasing an additional 4,850 shares during the last quarter. Finally, Nwam LLC increased its position in shares of Sprott Physical Gold Trust by 0.9% during the fourth quarter. Nwam LLC now owns 62,364 shares of the exchange traded fund’s stock worth $1,256,000 after purchasing an additional 557 shares in the last quarter.

Sprott Physical Gold Trust Price Performance

Sprott Physical Gold Trust stock opened at $25.49 on Thursday. Sprott Physical Gold Trust has a fifty-two week low of $17.84 and a fifty-two week high of $26.42. The stock has a 50-day simple moving average of $25.39 and a 200-day simple moving average of $23.21.

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.