Kera Capital Partners Inc. lifted its position in Sprott Physical Gold Trust (NYSEARCA:PHYS – Free Report) by 55.5% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 356,193 shares of the exchange traded fund’s stock after buying an additional 127,170 shares during the period. Sprott Physical Gold Trust makes up 1.6% of Kera Capital Partners Inc.’s holdings, making the stock its 8th largest position. Kera Capital Partners Inc. owned about 0.07% of Sprott Physical Gold Trust worth $12,987,000 at the end of the most recent quarter.
Other institutional investors have also modified their holdings of the company. Enclave Advisors LLC bought a new stake in Sprott Physical Gold Trust in the fourth quarter worth about $3,022,000. BCS Wealth Management lifted its holdings in Sprott Physical Gold Trust by 99.1% in the 4th quarter. BCS Wealth Management now owns 55,738 shares of the exchange traded fund’s stock valued at $1,840,000 after acquiring an additional 27,744 shares during the last quarter. EverSource Wealth Advisors LLC boosted its position in shares of Sprott Physical Gold Trust by 53.9% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 39,609 shares of the exchange traded fund’s stock valued at $1,173,000 after purchasing an additional 13,879 shares in the last quarter. Cyndeo Wealth Partners LLC boosted its position in shares of Sprott Physical Gold Trust by 4.3% during the 4th quarter. Cyndeo Wealth Partners LLC now owns 696,431 shares of the exchange traded fund’s stock valued at $22,996,000 after purchasing an additional 28,702 shares in the last quarter. Finally, Spirepoint Private Client LLC grew its stake in shares of Sprott Physical Gold Trust by 20.9% in the 4th quarter. Spirepoint Private Client LLC now owns 86,865 shares of the exchange traded fund’s stock worth $2,868,000 after purchasing an additional 15,040 shares during the last quarter.
Sprott Physical Gold Trust Stock Down 0.4%
Shares of PHYS opened at $31.82 on Friday. The firm’s 50 day moving average is $34.49 and its 200-day moving average is $35.38. Sprott Physical Gold Trust has a 12-month low of $24.86 and a 12-month high of $42.07.
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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