Sprott Physical Gold Trust $PHYS Position Boosted by Sanctuary Advisors LLC

Sanctuary Advisors LLC increased its position in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 9.4% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 467,109 shares of the exchange traded fund’s stock after purchasing an additional 40,130 shares during the period. Sanctuary Advisors LLC owned 0.10% of Sprott Physical Gold Trust worth $16,554,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. AQR Capital Management LLC bought a new stake in Sprott Physical Gold Trust in the first quarter valued at about $260,000. Focus Partners Wealth bought a new position in Sprott Physical Gold Trust during the 1st quarter worth approximately $200,000. Cerity Partners LLC grew its position in shares of Sprott Physical Gold Trust by 14.0% in the 2nd quarter. Cerity Partners LLC now owns 77,964 shares of the exchange traded fund’s stock worth $1,976,000 after acquiring an additional 9,585 shares in the last quarter. NewEdge Advisors LLC grew its position in shares of Sprott Physical Gold Trust by 43.6% in the 2nd quarter. NewEdge Advisors LLC now owns 91,329 shares of the exchange traded fund’s stock worth $2,315,000 after acquiring an additional 27,724 shares in the last quarter. Finally, Darwin Wealth Management LLC acquired a new position in shares of Sprott Physical Gold Trust in the 2nd quarter worth approximately $489,000.

Sprott Physical Gold Trust Trading Down 0.0%

Shares of NYSEARCA PHYS opened at $30.57 on Thursday. Sprott Physical Gold Trust has a twelve month low of $25.00 and a twelve month high of $42.07. The business has a 50 day simple moving average of $32.60 and a 200-day simple moving average of $35.09.

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.