Cerity Partners LLC boosted its holdings in Sprott Physical Gold Trust (NYSEARCA:PHYS – Free Report) by 55.4% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 68,379 shares of the exchange traded fund’s stock after buying an additional 24,380 shares during the quarter. Cerity Partners LLC’s holdings in Sprott Physical Gold Trust were worth $1,645,000 at the end of the most recent reporting period.
Several other large investors have also bought and sold shares of the business. Royal Bank of Canada boosted its stake in shares of Sprott Physical Gold Trust by 0.6% during the fourth quarter. Royal Bank of Canada now owns 6,692,283 shares of the exchange traded fund’s stock valued at $134,782,000 after purchasing an additional 37,144 shares in the last quarter. Pekin Hardy Strauss Inc. boosted its stake in shares of Sprott Physical Gold Trust by 0.7% during the first quarter. Pekin Hardy Strauss Inc. now owns 4,226,558 shares of the exchange traded fund’s stock valued at $101,691,000 after purchasing an additional 29,770 shares in the last quarter. Captrust Financial Advisors boosted its stake in shares of Sprott Physical Gold Trust by 7.5% during the fourth quarter. Captrust Financial Advisors now owns 2,447,510 shares of the exchange traded fund’s stock valued at $49,293,000 after purchasing an additional 170,025 shares in the last quarter. Cambridge Investment Research Advisors Inc. boosted its stake in shares of Sprott Physical Gold Trust by 2.9% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 2,367,177 shares of the exchange traded fund’s stock valued at $56,954,000 after purchasing an additional 66,054 shares in the last quarter. Finally, Matauro LLC boosted its stake in shares of Sprott Physical Gold Trust by 7.8% during the first quarter. Matauro LLC now owns 2,141,018 shares of the exchange traded fund’s stock valued at $51,513,000 after purchasing an additional 154,057 shares in the last quarter.
Sprott Physical Gold Trust Stock Performance
Shares of PHYS opened at $25.64 on Monday. Sprott Physical Gold Trust has a 1 year low of $18.23 and a 1 year high of $26.42. The business has a 50-day moving average of $25.42 and a 200-day moving average of $23.87.
About Sprott Physical Gold Trust
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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