Sprott Physical Gold Trust $PHYS is CENTRAL TRUST Co’s 5th Largest Position

CENTRAL TRUST Co lifted its position in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 9.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,649,181 shares of the exchange traded fund’s stock after purchasing an additional 388,033 shares during the period. Sprott Physical Gold Trust comprises about 2.9% of CENTRAL TRUST Co’s portfolio, making the stock its 5th biggest holding. CENTRAL TRUST Co owned about 0.99% of Sprott Physical Gold Trust worth $137,709,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Manchester Capital Management LLC acquired a new position in shares of Sprott Physical Gold Trust in the second quarter worth about $25,000. Tradewinds Capital Management LLC grew its position in shares of Sprott Physical Gold Trust by 59.8% during the 2nd quarter. Tradewinds Capital Management LLC now owns 1,088 shares of the exchange traded fund’s stock valued at $28,000 after acquiring an additional 407 shares during the period. MTM Investment Management LLC purchased a new position in shares of Sprott Physical Gold Trust in the 2nd quarter valued at about $30,000. Legacy Investment Solutions LLC acquired a new position in Sprott Physical Gold Trust in the 2nd quarter worth about $36,000. Finally, Intelligent Financial Strategies purchased a new position in Sprott Physical Gold Trust during the second quarter worth approximately $38,000.

Sprott Physical Gold Trust Price Performance

Shares of PHYS opened at $37.04 on Friday. Sprott Physical Gold Trust has a 12 month low of $21.96 and a 12 month high of $42.07. The stock’s 50 day moving average is $35.15 and its two-hundred day 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.