Walser Wealth Management Company A Ltd Liability Co boosted its position in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS – Free Report) by 7.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 290,079 shares of the exchange traded fund’s stock after buying an additional 19,956 shares during the period. Sprott Physical Gold Trust accounts for about 3.4% of Walser Wealth Management Company A Ltd Liability Co’s portfolio, making the stock its 5th largest holding. Walser Wealth Management Company A Ltd Liability Co’s holdings in Sprott Physical Gold Trust were worth $9,071,000 at the end of the most recent reporting period.
Other hedge funds have also made changes to their positions in the company. CENTRAL TRUST Co raised its holdings in shares of Sprott Physical Gold Trust by 26.3% during the first quarter. CENTRAL TRUST Co now owns 5,542,655 shares of the exchange traded fund’s stock valued at $196,432,000 after acquiring an additional 1,154,326 shares during the last quarter. Evanson Financial LLC purchased a new stake in shares of Sprott Physical Gold Trust during the second quarter worth approximately $108,576,000. IMC Chicago LLC raised its stake in Sprott Physical Gold Trust by 494.3% in the 1st quarter. IMC Chicago LLC now owns 2,449,218 shares of the exchange traded fund’s stock valued at $86,800,000 after purchasing an additional 2,037,133 shares during the last quarter. Cetera Investment Advisers raised its stake in Sprott Physical Gold Trust by 5.6% in the 1st quarter. Cetera Investment Advisers now owns 1,726,789 shares of the exchange traded fund’s stock valued at $61,197,000 after purchasing an additional 91,695 shares during the last quarter. Finally, WIT Partners Advisory Pte. Ltd. raised its stake in Sprott Physical Gold Trust by 48.9% in the 2nd quarter. WIT Partners Advisory Pte. Ltd. now owns 1,401,170 shares of the exchange traded fund’s stock valued at $42,273,000 after purchasing an additional 459,950 shares during the last quarter.
Sprott Physical Gold Trust Stock Performance
Shares of PHYS stock opened at $31.52 on Friday. The stock’s fifty day moving average is $32.80 and its two-hundred day moving average is $33.03. Sprott Physical Gold Trust has a fifty-two week low of $29.30 and a fifty-two week high of $42.07.
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. The company was founded on August 28, 2009 and is headquartered in Toronto, Canada.
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