Avior Wealth Management LLC Raises Stock Holdings in Sprott Physical Gold Trust (NYSEARCA:PHYS)

Avior Wealth Management LLC increased its holdings in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 12.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,700 shares of the exchange traded fund’s stock after purchasing an additional 610 shares during the quarter. Avior Wealth Management LLC’s holdings in Sprott Physical Gold Trust were worth $115,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in PHYS. International Assets Investment Management LLC grew its position in shares of Sprott Physical Gold Trust by 2,471.9% during 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 purchasing an additional 2,748,335 shares in the last quarter. Raymond James & Associates grew its position in shares of Sprott Physical Gold Trust by 73.3% during the third quarter. Raymond James & Associates now owns 1,602,282 shares of the exchange traded fund’s stock worth $32,655,000 after purchasing an additional 677,623 shares in the last quarter. Sanctuary Advisors LLC purchased a new stake in shares of Sprott Physical Gold Trust during the second quarter worth about $9,884,000. Captrust Financial Advisors grew its position in shares of Sprott Physical Gold Trust by 13.9% during the third quarter. Captrust Financial Advisors now owns 2,277,485 shares of the exchange traded fund’s stock worth $46,415,000 after purchasing an additional 277,117 shares in the last quarter. Finally, Kera Capital Partners Inc. purchased a new stake in shares of Sprott Physical Gold Trust during the fourth quarter worth about $4,512,000.

Sprott Physical Gold Trust Trading Up 0.9 %

NYSEARCA:PHYS opened at $21.36 on Wednesday. Sprott Physical Gold Trust has a 12-month low of $15.31 and a 12-month high of $21.70. The stock has a 50-day moving average price of $20.50 and a 200 day moving average price of $20.12.

About Sprott Physical Gold Trust

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.