204,814 Shares in Sprott Physical Gold Trust $PHYS Acquired by Eaton Financial Holdings Company LLC

Eaton Financial Holdings Company LLC purchased a new position in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) in the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 204,814 shares of the exchange traded fund’s stock, valued at approximately $6,763,000. Sprott Physical Gold Trust comprises about 1.8% of Eaton Financial Holdings Company LLC’s holdings, making the stock its 15th biggest position.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Enclave Advisors LLC bought a new stake in shares of Sprott Physical Gold Trust during the 4th quarter worth approximately $3,022,000. BCS Wealth Management lifted its stake in shares of Sprott Physical Gold Trust by 99.1% during the 4th quarter. BCS Wealth Management now owns 55,738 shares of the exchange traded fund’s stock worth $1,840,000 after acquiring an additional 27,744 shares during the last quarter. Cyndeo Wealth Partners LLC lifted its stake in shares of Sprott Physical Gold Trust by 4.3% during the 4th quarter. Cyndeo Wealth Partners LLC now owns 696,431 shares of the exchange traded fund’s stock worth $22,996,000 after acquiring an additional 28,702 shares during the last quarter. Dakota Wealth Management lifted its stake in shares of Sprott Physical Gold Trust by 21.5% during the 3rd quarter. Dakota Wealth Management now owns 147,217 shares of the exchange traded fund’s stock worth $4,361,000 after acquiring an additional 26,060 shares during the last quarter. Finally, EverSource Wealth Advisors LLC lifted its stake in shares of Sprott Physical Gold Trust by 53.9% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 39,609 shares of the exchange traded fund’s stock worth $1,173,000 after acquiring an additional 13,879 shares during the last quarter.

Sprott Physical Gold Trust Price Performance

Shares of PHYS stock opened at $33.68 on Thursday. Sprott Physical Gold Trust has a 52-week low of $24.86 and a 52-week high of $42.07. The stock has a 50 day moving average price of $35.18 and a 200 day moving average price of $35.22.

Sprott Physical Gold Trust Company 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.