CENTRAL TRUST Co lifted its holdings in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS – Get Rating) by 3.9% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 7,613,320 shares of the exchange traded fund’s stock after purchasing an additional 282,591 shares during the quarter. Sprott Physical Gold Trust comprises about 3.3% of CENTRAL TRUST Co’s holdings, making the stock its 2nd biggest holding. CENTRAL TRUST Co owned about 1.92% of Sprott Physical Gold Trust worth $97,451,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Royal Bank of Canada boosted its holdings in Sprott Physical Gold Trust by 30.0% in the first quarter. Royal Bank of Canada now owns 6,120,005 shares of the exchange traded fund’s stock valued at $94,064,000 after purchasing an additional 1,413,756 shares during the period. Truist Financial Corp grew its position in shares of Sprott Physical Gold Trust by 295.2% during the third quarter. Truist Financial Corp now owns 1,599,653 shares of the exchange traded fund’s stock worth $20,475,000 after buying an additional 1,194,906 shares in the last quarter. OTA Financial Group L.P. increased its stake in shares of Sprott Physical Gold Trust by 364.7% during the third quarter. OTA Financial Group L.P. now owns 1,338,672 shares of the exchange traded fund’s stock worth $17,135,000 after buying an additional 1,050,619 shares during the period. Captrust Financial Advisors acquired a new stake in Sprott Physical Gold Trust in the second quarter valued at approximately $13,454,000. Finally, O Brien Greene & Co. Inc lifted its stake in Sprott Physical Gold Trust by 206.9% in the third quarter. O Brien Greene & Co. Inc now owns 1,275,294 shares of the exchange traded fund’s stock worth $16,324,000 after acquiring an additional 859,771 shares during the last quarter.
Sprott Physical Gold Trust Price Performance
NYSEARCA:PHYS opened at $14.87 on Thursday. Sprott Physical Gold Trust has a 12 month low of $12.48 and a 12 month high of $15.78. The business’s fifty day moving average price is $14.49 and its 200 day moving average price is $13.72.
Sprott Physical Gold Trust Company 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.
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