CENTRAL TRUST Co Buys 388,033 Shares of Sprott Physical Gold Trust $PHYS

CENTRAL TRUST Co grew its stake in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 9.1% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,649,181 shares of the exchange traded fund’s stock after acquiring an additional 388,033 shares during the quarter. Sprott Physical Gold Trust comprises approximately 2.9% of CENTRAL TRUST Co’s investment portfolio, making the stock its 5th biggest position. CENTRAL TRUST Co’s holdings in Sprott Physical Gold Trust were worth $137,709,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the stock. World Investment Advisors grew its stake in shares of Sprott Physical Gold Trust by 36.4% in the 3rd quarter. World Investment Advisors now owns 192,058 shares of the exchange traded fund’s stock valued at $5,689,000 after buying an additional 51,243 shares during the period. D.A. Davidson & CO. purchased a new position in Sprott Physical Gold Trust in the third quarter worth approximately $883,000. Concurrent Investment Advisors LLC increased its stake in Sprott Physical Gold Trust by 129.2% during the third quarter. Concurrent Investment Advisors LLC now owns 50,432 shares of the exchange traded fund’s stock worth $1,494,000 after acquiring an additional 28,428 shares during the last quarter. Avantax Advisory Services Inc. increased its stake in Sprott Physical Gold Trust by 32.3% during the second quarter. Avantax Advisory Services Inc. now owns 545,100 shares of the exchange traded fund’s stock worth $13,818,000 after acquiring an additional 132,995 shares during the last quarter. Finally, CWM LLC raised its position in Sprott Physical Gold Trust by 64.0% in the third quarter. CWM LLC now owns 70,078 shares of the exchange traded fund’s stock valued at $2,076,000 after purchasing an additional 27,355 shares during the period.

Sprott Physical Gold Trust Stock Down 3.6%

Shares of Sprott Physical Gold Trust stock opened at $37.04 on Friday. Sprott Physical Gold Trust has a 52 week low of $21.96 and a 52 week high of $42.07. The business’s fifty day simple moving average is $35.15 and its 200-day simple moving average is $31.13.

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.