2 weeks Ago By ABMN Staff
Federated Hermes Inc. acquired a new stake in Sprott Physical Gold Trust ( NYSEARCA:PHYS – Free Report ) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 6,000 shares of the exchange traded fund’s stock, valued at approximately $121,000.
Other large investors have also added to or reduced their stakes in the company. MML Investors Services LLC bought a new stake in shares of Sprott Physical Gold Trust in the 3rd quarter valued at about $939,000. Eaton Financial Holdings Company LLC bought a new stake in Sprott Physical Gold Trust in the third quarter valued at approximately $1,749,000.
Wilmington Savings Fund Society FSB acquired a new stake in Sprott Physical Gold Trust during the 3rd quarter valued at approximately $132,000. Beaird Harris Wealth Management LLC raised its holdings in Sprott Physical Gold Trust by 4.0% during the 3rd quarter.
Beaird Harris Wealth Management LLC now owns 56,668 shares of the exchange traded fund’s stock worth $1,155,000 after purchasing an additional 2,181 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its position in shares of Sprott Physical Gold Trust by 74.
1% in the 3rd quarter. JPMorgan Chase & Co. now owns 395,289 shares of the exchange traded fund’s stock worth $8,056,000 after purchasing an additional 168,288 shares during the period.
Sprott Physical Gold Trust Trading Down 0.4 % PHYS opened at $25.51 on Friday.
Sprott Physical Gold Trust has a twelve month low of $17.64 and a twelve month high of $25.63.
The company has a fifty day moving average of $23.32 and a 200-day moving average of $21.63.
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. Recommended Stories Receive News & Ratings for Sprott Physical Gold Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sprott Physical Gold Trust and related companies with MarketBeat.
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