Pettinga Financial Advisors LLC Has $726,000 Holdings in Sprott Physical Gold Trust (NYSEARCA:PHYS)

by · The Markets Daily

Pettinga Financial Advisors LLC boosted its holdings in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS – Free Report) by 8.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 35,647 shares of the exchange traded fund’s stock after acquiring an additional 2,700 shares during the period. Pettinga Financial Advisors LLC’s holdings in Sprott Physical Gold Trust were worth $726,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in PHYS. Ndwm LLC raised its holdings in shares of Sprott Physical Gold Trust by 34.7% during the first quarter. Ndwm LLC now owns 19,065 shares of the exchange traded fund’s stock worth $330,000 after acquiring an additional 4,911 shares during the period. Private Advisor Group LLC increased its holdings in Sprott Physical Gold Trust by 88.8% during the 1st quarter. Private Advisor Group LLC now owns 777,048 shares of the exchange traded fund’s stock worth $13,443,000 after purchasing an additional 365,371 shares in the last quarter. Concourse Financial Group Securities Inc. increased its holdings in Sprott Physical Gold Trust by 9.8% during the 3rd 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 in the last quarter. Headlands Technologies LLC acquired a new stake in shares of Sprott Physical Gold Trust in the 1st quarter valued at about $281,000. Finally, Raymond James & Associates lifted 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 valued at $32,655,000 after purchasing an additional 677,623 shares in the last quarter.

Sprott Physical Gold Trust Stock Up 0.4 %

PHYS stock opened at $21.33 on Friday. The business has a 50-day moving average of $20.19 and a 200-day moving average of $19.00. Sprott Physical Gold Trust has a fifty-two week low of $15.09 and a fifty-two week high of $21.37.

Sprott Physical Gold Trust Profile

(Free Report)

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.

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