Pine Valley Investments Ltd Liability Co Acquires 9,809 Shares of Sprott Physical Gold Trust (NYSEARCA:PHYS)

Pine Valley Investments Ltd Liability Co grew its holdings in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 10.7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 101,480 shares of the exchange traded fund’s stock after acquiring an additional 9,809 shares during the quarter. Pine Valley Investments Ltd Liability Co’s holdings in Sprott Physical Gold Trust were worth $1,833,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. International Assets Investment Management LLC increased its position in Sprott Physical Gold Trust by 24.1% during the 2nd quarter. International Assets Investment Management LLC now owns 111,183 shares of the exchange traded fund’s stock worth $2,008,000 after purchasing an additional 21,562 shares in the last quarter. Signaturefd LLC acquired a new position in shares of Sprott Physical Gold Trust during the second quarter worth $271,000. Ameritas Advisory Services LLC lifted its stake in shares of Sprott Physical Gold Trust by 6.1% in the 2nd quarter. Ameritas Advisory Services LLC now owns 256,852 shares of the exchange traded fund’s stock valued at $4,639,000 after acquiring an additional 14,675 shares during the last quarter. Private Client Services LLC lifted its stake in shares of Sprott Physical Gold Trust by 74.8% in the 2nd quarter. Private Client Services LLC now owns 43,087 shares of the exchange traded fund’s stock valued at $778,000 after acquiring an additional 18,440 shares during the last quarter. Finally, Whittier Trust Co. boosted its holdings in shares of Sprott Physical Gold Trust by 12.6% during the 2nd quarter. Whittier Trust Co. now owns 48,872 shares of the exchange traded fund’s stock valued at $882,000 after acquiring an additional 5,464 shares in the last quarter.

Sprott Physical Gold Trust Stock Down 0.7 %

Shares of PHYS opened at $19.47 on Friday. Sprott Physical Gold Trust has a 12-month low of $14.00 and a 12-month high of $19.67. The business has a 50-day simple moving average of $18.79 and a two-hundred day simple moving average of $17.96.

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.