WIT Partners Advisory Pte. Ltd. Buys 459,950 Shares of Sprott Physical Gold Trust $PHYS

WIT Partners Advisory Pte. Ltd. lifted its stake in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 48.9% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,401,170 shares of the exchange traded fund’s stock after purchasing an additional 459,950 shares during the period. Sprott Physical Gold Trust comprises about 19.8% of WIT Partners Advisory Pte. Ltd.’s investment portfolio, making the stock its 2nd biggest holding. WIT Partners Advisory Pte. Ltd. owned about 0.30% of Sprott Physical Gold Trust worth $42,273,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Continuum Advisory LLC bought a new stake in Sprott Physical Gold Trust in the second quarter valued at about $97,000. Compass Financial Management LLC bought a new position in Sprott Physical Gold Trust during the 2nd quarter worth approximately $179,000. G&S Capital LLC lifted its holdings in Sprott Physical Gold Trust by 3.7% during the 2nd quarter. G&S Capital LLC now owns 63,189 shares of the exchange traded fund’s stock worth $1,906,000 after buying an additional 2,270 shares during the last quarter. Community Financial Services Group LLC grew its position in shares of Sprott Physical Gold Trust by 8.0% in the 2nd quarter. Community Financial Services Group LLC now owns 5,420 shares of the exchange traded fund’s stock worth $165,000 after acquiring an additional 400 shares in the last quarter. Finally, Wealthcare Advisory Partners LLC grew its position in shares of Sprott Physical Gold Trust by 1.2% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 545,634 shares of the exchange traded fund’s stock worth $16,462,000 after acquiring an additional 6,593 shares in the last quarter.

Sprott Physical Gold Trust Trading Up 2.0%

Shares of NYSEARCA PHYS opened at $35.00 on Friday. Sprott Physical Gold Trust has a twelve month low of $25.55 and a twelve month high of $42.07. The business has a 50 day simple moving average of $31.52 and a 200-day simple moving average of $34.40.

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.