OneDigital Investment Advisors LLC Has $560,000 Position in Sprott Physical Gold Trust (NYSEARCA:PHYS)

OneDigital Investment Advisors LLC increased its holdings in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 113.0% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 27,458 shares of the exchange traded fund’s stock after purchasing an additional 14,564 shares during the period. OneDigital Investment Advisors LLC’s holdings in Sprott Physical Gold Trust were worth $560,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in PHYS. Concourse Financial Group Securities Inc. lifted its position in shares of Sprott Physical Gold Trust by 9.8% during the 3rd quarter. Concourse Financial Group Securities Inc. now owns 6,893 shares of the exchange traded fund’s stock worth $140,000 after buying an additional 615 shares during the period. Raymond James & Associates lifted its holdings in shares of Sprott Physical Gold Trust by 73.3% during the third quarter. Raymond James & Associates now owns 1,602,282 shares of the exchange traded fund’s stock valued at $32,655,000 after acquiring an additional 677,623 shares during the period. International Assets Investment Management LLC boosted its stake in shares of Sprott Physical Gold Trust by 2,471.9% in the 3rd quarter. International Assets Investment Management LLC now owns 2,859,518 shares of the exchange traded fund’s stock valued at $58,277,000 after purchasing an additional 2,748,335 shares in the last quarter. Ashton Thomas Private Wealth LLC bought a new stake in shares of Sprott Physical Gold Trust in the 2nd quarter worth about $164,000. Finally, Vontobel Holding Ltd. acquired a new stake in shares of Sprott Physical Gold Trust during the 3rd quarter worth about $204,000.

Sprott Physical Gold Trust Stock Performance

NYSEARCA:PHYS opened at $20.40 on Thursday. The company’s 50-day moving average price is $20.60 and its two-hundred day moving average price is $19.32. Sprott Physical Gold Trust has a 12 month low of $15.31 and a 12 month high of $21.70.

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.