Valued Retirements Inc. boosted its stake in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS – Free Report) by 12.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 150,650 shares of the exchange traded fund’s stock after purchasing an additional 16,750 shares during the quarter. Sprott Physical Gold Trust comprises 4.9% of Valued Retirements Inc.’s holdings, making the stock its 5th largest holding. Valued Retirements Inc.’s holdings in Sprott Physical Gold Trust were worth $4,974,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors also recently added to or reduced their stakes in PHYS. 3EDGE Asset Management LP bought a new stake in Sprott Physical Gold Trust during the fourth quarter valued at about $31,652,000. Jupiter Asset Management Ltd. boosted its position in Sprott Physical Gold Trust by 39.8% during the third quarter. Jupiter Asset Management Ltd. now owns 3,145,855 shares of the exchange traded fund’s stock valued at $92,913,000 after purchasing an additional 896,347 shares in the last quarter. Jane Street Group LLC boosted its position in Sprott Physical Gold Trust by 65.8% during the second quarter. Jane Street Group LLC now owns 1,618,276 shares of the exchange traded fund’s stock valued at $41,023,000 after purchasing an additional 642,224 shares in the last quarter. Cambridge Investment Research Advisors Inc. boosted its position in Sprott Physical Gold Trust by 15.5% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 3,035,301 shares of the exchange traded fund’s stock valued at $100,226,000 after purchasing an additional 407,271 shares in the last quarter. Finally, CENTRAL TRUST Co boosted its position in Sprott Physical Gold Trust by 9.1% during the third quarter. CENTRAL TRUST Co now owns 4,649,181 shares of the exchange traded fund’s stock valued at $137,709,000 after purchasing an additional 388,033 shares in the last quarter.
Sprott Physical Gold Trust Price Performance
Shares of PHYS stock opened at $34.11 on Tuesday. Sprott Physical Gold Trust has a 1-year low of $24.86 and a 1-year high of $42.07. The stock’s 50-day moving average is $35.34 and its 200 day moving average is $35.17.
Sprott Physical Gold Trust Company 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.
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