Concurrent Investment Advisors LLC Has $1.49 Million Stock Position in Sprott Physical Gold Trust $PHYS

Concurrent Investment Advisors LLC lifted its holdings in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 129.2% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 50,432 shares of the exchange traded fund’s stock after purchasing an additional 28,428 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in Sprott Physical Gold Trust were worth $1,494,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also made changes to their positions in the company. IMC Chicago LLC boosted its holdings in shares of Sprott Physical Gold Trust by 2,849.6% during the second quarter. IMC Chicago LLC now owns 3,204,243 shares of the exchange traded fund’s stock worth $81,228,000 after acquiring an additional 3,095,611 shares during the period. Jane Street Group LLC lifted its holdings in Sprott Physical Gold Trust by 65.8% during the 2nd quarter. Jane Street Group LLC now owns 1,618,276 shares of the exchange traded fund’s stock worth $41,023,000 after purchasing an additional 642,224 shares during the last quarter. Cerity Partners LLC boosted its stake in Sprott Physical Gold Trust by 552.0% in the 3rd quarter. Cerity Partners LLC now owns 508,322 shares of the exchange traded fund’s stock valued at $15,057,000 after purchasing an additional 430,358 shares during the period. Hengehold Capital Management LLC grew its holdings in Sprott Physical Gold Trust by 982.6% in the 2nd quarter. Hengehold Capital Management LLC now owns 456,451 shares of the exchange traded fund’s stock valued at $11,571,000 after buying an additional 414,288 shares in the last quarter. Finally, Jupiter Asset Management Ltd. grew its holdings in Sprott Physical Gold Trust by 15.2% in the 2nd quarter. Jupiter Asset Management Ltd. now owns 2,249,508 shares of the exchange traded fund’s stock valued at $56,811,000 after buying an additional 296,330 shares in the last quarter.

Sprott Physical Gold Trust Trading Down 0.4%

Shares of Sprott Physical Gold Trust stock opened at $35.03 on Friday. Sprott Physical Gold Trust has a twelve month low of $20.85 and a twelve month high of $35.47. The company has a 50-day simple moving average of $32.87 and a two-hundred day simple moving average of $29.55.

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.