37,628 Shares in Sprott Physical Gold Trust $PHYS Acquired by Compass Financial Management LLC

Compass Financial Management LLC purchased a new stake in Sprott Physical Gold Trust (NYSEARCA:PHYS) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 37,628 shares of the exchange traded fund’s stock, valued at approximately $1,161,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Kohmann Bosshard Financial Services LLC purchased a new stake in Sprott Physical Gold Trust during the fourth quarter worth approximately $33,000. Scarborough Advisors LLC raised its stake in shares of 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 valued at $41,000 after acquiring an additional 1,101 shares during the period. Main Street Group LTD purchased a new position in shares of Sprott Physical Gold Trust in the 1st quarter valued at $54,000. Mcguire Capital Advisors Inc. acquired a new position in shares of Sprott Physical Gold Trust during the 4th quarter valued at $64,000. Finally, Legacy Wealth Managment LLC ID lifted its holdings in shares of Sprott Physical Gold Trust by 49.3% during the 4th quarter. Legacy Wealth Managment LLC ID now owns 2,162 shares of the exchange traded fund’s stock valued at $71,000 after acquiring an additional 714 shares in the last quarter.

Sprott Physical Gold Trust Price Performance

Shares of Sprott Physical Gold Trust stock opened at $35.00 on Monday. The company has a fifty day moving average price of $31.52 and a 200 day moving average price of $34.39. Sprott Physical Gold Trust has a twelve month low of $25.55 and a twelve month 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.