Cerity Partners LLC Has $15.06 Million Position in Sprott Physical Gold Trust $PHYS

Cerity Partners LLC increased its position in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 552.0% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 508,322 shares of the exchange traded fund’s stock after buying an additional 430,358 shares during the quarter. Cerity Partners LLC owned 0.11% of Sprott Physical Gold Trust worth $15,057,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in PHYS. AQR Capital Management LLC bought a new stake in shares of Sprott Physical Gold Trust in the 1st quarter worth approximately $260,000. Integrity Alliance LLC. acquired a new position in shares of Sprott Physical Gold Trust in the first quarter valued at $395,000. Focus Partners Wealth acquired a new position in shares of Sprott Physical Gold Trust in the first quarter valued at $200,000. First Hawaiian Bank lifted its position in Sprott Physical Gold Trust by 4.9% in the first quarter. First Hawaiian Bank now owns 23,896 shares of the exchange traded fund’s stock worth $575,000 after purchasing an additional 1,118 shares during the period. Finally, Howe & Rusling Inc. lifted its position in Sprott Physical Gold Trust by 20.3% in the first quarter. Howe & Rusling Inc. now owns 19,231 shares of the exchange traded fund’s stock worth $463,000 after purchasing an additional 3,240 shares during the period.

Sprott Physical Gold Trust Price Performance

Shares of Sprott Physical Gold Trust stock opened at $34.41 on Friday. The company’s fifty day moving average price is $32.38 and its two-hundred day moving average price is $29.24. Sprott Physical Gold Trust has a 52-week low of $20.48 and a 52-week high of $34.83.

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. The company was founded on August 28, 2009 and is headquartered in Toronto, Canada.