CENTRAL TRUST Co Has $111.73 Million Stake in Sprott Physical Gold Trust (NYSEARCA:PHYS)

CENTRAL TRUST Co lessened its position in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 4.2% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,643,973 shares of the exchange traded fund’s stock after selling 204,248 shares during the period. Sprott Physical Gold Trust makes up about 2.7% of CENTRAL TRUST Co’s investment portfolio, making the stock its 4th biggest holding. CENTRAL TRUST Co owned about 1.17% of Sprott Physical Gold Trust worth $111,734,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of PHYS. Savant Capital LLC bought a new stake in Sprott Physical Gold Trust in the fourth quarter valued at approximately $252,000. Vontobel Holding Ltd. increased its stake in Sprott Physical Gold Trust by 127.4% in the fourth quarter. Vontobel Holding Ltd. now owns 22,735 shares of the exchange traded fund’s stock valued at $458,000 after purchasing an additional 12,735 shares in the last quarter. Allworth Financial LP increased its stake in Sprott Physical Gold Trust by 78.7% in the fourth quarter. Allworth Financial LP now owns 9,124 shares of the exchange traded fund’s stock valued at $194,000 after purchasing an additional 4,018 shares in the last quarter. J.W. Cole Advisors Inc. increased its stake in Sprott Physical Gold Trust by 1.2% in the fourth quarter. J.W. Cole Advisors Inc. now owns 42,131 shares of the exchange traded fund’s stock valued at $849,000 after purchasing an additional 519 shares in the last quarter. Finally, Truist Financial Corp increased its stake in Sprott Physical Gold Trust by 7.2% in the fourth quarter. Truist Financial Corp now owns 90,924 shares of the exchange traded fund’s stock valued at $1,831,000 after purchasing an additional 6,122 shares in the last quarter.

Sprott Physical Gold Trust Stock Down 1.4%

Shares of NYSEARCA:PHYS opened at $25.91 on Tuesday. Sprott Physical Gold Trust has a 52 week low of $17.84 and a 52 week high of $26.42. The company has a 50 day moving average price of $25.22 and a two-hundred day moving average price of $22.98.

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.