96,017 Shares in Sprott Physical Gold Trust $PHYS Acquired by VectorGlobal IAG Inc.

VectorGlobal IAG Inc. bought a new position in Sprott Physical Gold Trust (NYSEARCA:PHYS) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 96,017 shares of the exchange traded fund’s stock, valued at approximately $3,403,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of Sprott Physical Gold Trust in the fourth quarter worth $33,000. Financial Management Professionals Inc. purchased a new position in shares of Sprott Physical Gold Trust during the 4th quarter valued at $36,000. Scarborough Advisors LLC boosted its holdings in Sprott Physical Gold Trust by 2,202.0% in the 1st quarter. Scarborough Advisors LLC now owns 1,151 shares of the exchange traded fund’s stock worth $41,000 after buying an additional 1,101 shares during the period. Main Street Group LTD bought a new position in Sprott Physical Gold Trust in the 1st quarter worth $54,000. Finally, Mcguire Capital Advisors Inc. purchased a new stake in Sprott Physical Gold Trust in the 4th quarter worth $64,000.

Sprott Physical Gold Trust Price Performance

NYSEARCA:PHYS opened at $30.59 on Monday. The business’s 50-day simple moving average is $31.56 and its two-hundred day simple moving average is $34.82. Sprott Physical Gold Trust has a 52 week low of $25.15 and a 52 week high of $42.07.

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. The company was founded on August 28, 2009 and is headquartered in Toronto, Canada.