Dakota Wealth Management Has $2 Million Holdings in Sprott Physical Gold Trust (NYSEARCA:PHYS)

Dakota Wealth Management grew its position in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 55.2% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 97,956 shares of the exchange traded fund’s stock after buying an additional 34,844 shares during the quarter. Dakota Wealth Management’s holdings in Sprott Physical Gold Trust were worth $1,996,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also made changes to their positions in the company. Banque Cantonale Vaudoise bought a new position in Sprott Physical Gold Trust during the second quarter valued at about $36,000. Sunbelt Securities Inc. bought a new position in shares of Sprott Physical Gold Trust in the 2nd quarter valued at approximately $51,000. 1620 Investment Advisors Inc. acquired a new stake in Sprott Physical Gold Trust in the 2nd quarter worth approximately $55,000. Evermay Wealth Management LLC boosted its position in Sprott Physical Gold Trust by 567.7% during the first quarter. Evermay Wealth Management LLC now owns 3,906 shares of the exchange traded fund’s stock worth $68,000 after purchasing an additional 3,321 shares during the period. Finally, Concourse Financial Group Securities Inc. grew its holdings in Sprott Physical Gold Trust by 69.3% during the second quarter. Concourse Financial Group Securities Inc. now owns 6,278 shares of the exchange traded fund’s stock valued at $113,000 after purchasing an additional 2,570 shares during the last quarter.

Sprott Physical Gold Trust Price Performance

NYSEARCA:PHYS opened at $21.33 on Friday. The company’s 50 day moving average is $20.19 and its 200-day moving average is $19.00. Sprott Physical Gold Trust has a 12 month low of $15.09 and a 12 month high of $21.37.

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.