Mariner LLC Purchases 63,839 Shares of Sprott Physical Gold Trust (NYSEARCA:PHYS)

Mariner LLC increased its position in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 56.9% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 176,099 shares of the exchange traded fund’s stock after buying an additional 63,839 shares during the period. Mariner LLC’s holdings in Sprott Physical Gold Trust were worth $3,547,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. AdvisorNet Financial Inc grew its stake in Sprott Physical Gold Trust by 7,000.0% during the fourth quarter. AdvisorNet Financial Inc now owns 3,550 shares of the exchange traded fund’s stock valued at $71,000 after acquiring an additional 3,500 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of Sprott Physical Gold Trust by 74.1% in the third quarter. JPMorgan Chase & Co. now owns 395,289 shares of the exchange traded fund’s stock worth $8,056,000 after buying an additional 168,288 shares in the last quarter. Sigma Planning Corp boosted its stake in Sprott Physical Gold Trust by 1.2% during the fourth quarter. Sigma Planning Corp now owns 63,560 shares of the exchange traded fund’s stock valued at $1,280,000 after buying an additional 770 shares during the last quarter. Smartleaf Asset Management LLC bought a new stake in Sprott Physical Gold Trust in the 4th quarter worth approximately $40,000. Finally, Synergy Asset Management LLC bought a new position in shares of Sprott Physical Gold Trust during the 4th quarter valued at approximately $96,000.

Sprott Physical Gold Trust Price Performance

PHYS stock opened at $26.20 on Tuesday. The firm has a fifty day moving average price of $23.40 and a 200 day moving average price of $21.69. Sprott Physical Gold Trust has a fifty-two week low of $17.64 and a fifty-two week high of $26.58.

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.