Keybank National Association OH Buys 50,000 Shares of Sprott Physical Gold Trust $PHYS

Keybank National Association OH grew its position in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 449.4% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 61,127 shares of the exchange traded fund’s stock after purchasing an additional 50,000 shares during the quarter. Keybank National Association OH’s holdings in Sprott Physical Gold Trust were worth $2,166,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Kohmann Bosshard Financial Services LLC bought a new position in Sprott Physical Gold Trust during the fourth quarter worth $33,000. Financial Management Professionals Inc. bought a new stake in Sprott Physical Gold Trust during the fourth quarter valued at $36,000. Eastern Bank bought a new stake in Sprott Physical Gold Trust during the fourth quarter valued at $47,000. Strategic Advocates LLC bought a new stake in Sprott Physical Gold Trust during the third quarter valued at $51,000. Finally, Mcguire Capital Advisors Inc. acquired a new stake in Sprott Physical Gold Trust during the 4th quarter worth about $64,000.

Sprott Physical Gold Trust Price Performance

PHYS stock opened at $31.08 on Monday. The stock has a 50-day moving average price of $33.29 and a 200-day moving average price of $35.25. Sprott Physical Gold Trust has a 1-year low of $25.00 and a 1-year high of $42.07.

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