DAVENPORT & Co LLC Grows Stock Position in Sprott Physical Gold Trust (NYSEARCA:PHYS)

DAVENPORT & Co LLC boosted its position in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 147.2% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 52,247 shares of the exchange traded fund’s stock after buying an additional 31,111 shares during the quarter. DAVENPORT & Co LLC’s holdings in Sprott Physical Gold Trust were worth $748,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently added to or reduced their stakes in the company. Sunbelt Securities Inc. purchased a new stake in Sprott Physical Gold Trust in the fourth quarter worth $3,654,000. Nelson Van Denburg & Campbell Wealth Management Group LLC purchased a new stake in Sprott Physical Gold Trust in the first quarter worth $26,000. WASHINGTON TRUST Co purchased a new stake in Sprott Physical Gold Trust in the first quarter worth $29,000. Independence Bank of Kentucky purchased a new stake in Sprott Physical Gold Trust in the second quarter worth $49,000. Finally, Northwestern Mutual Wealth Management Co. increased its position in Sprott Physical Gold Trust by 89.7% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 4,031 shares of the exchange traded fund’s stock worth $53,000 after buying an additional 1,906 shares during the last quarter.

Shares of NYSEARCA PHYS opened at $15.73 on Friday. Sprott Physical Gold Trust has a fifty-two week low of $11.18 and a fifty-two week high of $15.79. The stock has a fifty day moving average of $14.42 and a 200-day moving average of $13.50.

Sprott Physical Gold Trust Company Profile

Sprott Physical Gold Trust is a closed end investment trust, which engages in the investments and holding substantially all of its assets in physical gold bullion. Its objective is to provides a secure, convenient, and exchange-traded investment alternative for investors. The company was founded on August 28, 2009 and is headquartered in Toronto, Canada.

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Institutional Ownership by Quarter for Sprott Physical Gold Trust (NYSEARCA:PHYS)

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