World Investment Advisors Has $6.86 Million Stock Position in Sprott Physical Gold Trust $PHYS

World Investment Advisors increased its position in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 8.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 207,688 shares of the exchange traded fund’s stock after purchasing an additional 15,630 shares during the quarter. World Investment Advisors’ holdings in Sprott Physical Gold Trust were worth $6,858,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in PHYS. Jupiter Asset Management Ltd. increased its position in Sprott Physical Gold Trust by 39.8% in the third quarter. Jupiter Asset Management Ltd. now owns 3,145,855 shares of the exchange traded fund’s stock worth $92,913,000 after purchasing an additional 896,347 shares during the period. Jane Street Group LLC increased its position in Sprott Physical Gold Trust by 65.8% in the second quarter. Jane Street Group LLC now owns 1,618,276 shares of the exchange traded fund’s stock worth $41,023,000 after purchasing an additional 642,224 shares during the period. CENTRAL TRUST Co increased its position in Sprott Physical Gold Trust by 9.1% in the third quarter. CENTRAL TRUST Co now owns 4,649,181 shares of the exchange traded fund’s stock worth $137,709,000 after purchasing an additional 388,033 shares during the period. BIP Wealth LLC increased its position in Sprott Physical Gold Trust by 335.2% in the fourth quarter. BIP Wealth LLC now owns 491,350 shares of the exchange traded fund’s stock worth $16,224,000 after purchasing an additional 378,445 shares during the period. Finally, Fulcrum Wealth Advisors LLC acquired a new stake in Sprott Physical Gold Trust in the fourth quarter worth about $11,383,000.

Sprott Physical Gold Trust Trading Down 0.6%

Shares of PHYS stock opened at $35.52 on Thursday. The stock has a 50-day moving average price of $36.09 and a 200 day moving average price of $34.93. Sprott Physical Gold Trust has a 12 month low of $24.07 and a 12 month 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.