Latitude Advisors LLC Buys 1,669 Shares of Sprott Physical Gold Trust (NYSEARCA:PHYS)

Latitude Advisors LLC raised its position in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 6.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 29,240 shares of the exchange traded fund’s stock after purchasing an additional 1,669 shares during the quarter. Latitude Advisors LLC’s holdings in Sprott Physical Gold Trust were worth $589,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Legacy Investment Solutions LLC bought a new stake in Sprott Physical Gold Trust in the 3rd quarter valued at approximately $28,000. St. Johns Investment Management Company LLC acquired a new position in Sprott Physical Gold Trust during the third quarter worth $51,000. Missouri Trust & Investment Co grew its position in Sprott Physical Gold Trust by 160.9% in the third quarter. Missouri Trust & Investment Co now owns 2,609 shares of the exchange traded fund’s stock valued at $53,000 after purchasing an additional 1,609 shares in the last quarter. First Horizon Advisors Inc. acquired a new stake in Sprott Physical Gold Trust in the 3rd quarter valued at $54,000. Finally, AdvisorNet Financial Inc lifted its position in Sprott Physical Gold Trust by 7,000.0% during the 4th quarter. AdvisorNet Financial Inc now owns 3,550 shares of the exchange traded fund’s stock worth $71,000 after buying an additional 3,500 shares in the last quarter.

Sprott Physical Gold Trust Stock Performance

Sprott Physical Gold Trust stock opened at $22.45 on Tuesday. The firm has a 50-day moving average of $20.78 and a 200-day moving average of $20.32. Sprott Physical Gold Trust has a one year low of $15.31 and a one year high of $22.48.

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.