CENTRAL TRUST Co Has $196.43 Million Stock Holdings in Sprott Physical Gold Trust $PHYS

CENTRAL TRUST Co increased its position in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 26.3% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 5,542,655 shares of the exchange traded fund’s stock after purchasing an additional 1,154,326 shares during the period. Sprott Physical Gold Trust makes up 3.9% of CENTRAL TRUST Co’s portfolio, making the stock its 4th largest holding. CENTRAL TRUST Co owned about 1.16% of Sprott Physical Gold Trust worth $196,432,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Heritage Wealth Advisors purchased a new stake in Sprott Physical Gold Trust in the 4th quarter worth about $169,676,000. 3EDGE Asset Management LP purchased a new position in shares of Sprott Physical Gold Trust during the fourth quarter valued at approximately $31,652,000. Royal Bank of Canada boosted its position in shares of Sprott Physical Gold Trust by 8.2% during the fourth quarter. Royal Bank of Canada now owns 9,516,053 shares of the exchange traded fund’s stock valued at $314,220,000 after buying an additional 724,321 shares during the period. Jane Street Group LLC grew its stake in shares of Sprott Physical Gold Trust by 65.8% during the second quarter. Jane Street Group LLC now owns 1,618,276 shares of the exchange traded fund’s stock valued at $41,023,000 after buying an additional 642,224 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. raised its holdings in shares of Sprott Physical Gold Trust by 15.5% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 3,035,301 shares of the exchange traded fund’s stock worth $100,226,000 after buying an additional 407,271 shares during the period.

Sprott Physical Gold Trust Price Performance

Shares of PHYS stock opened at $30.94 on Wednesday. Sprott Physical Gold Trust has a 52-week low of $24.86 and a 52-week high of $42.07. The stock has a 50 day moving average price of $34.21 and a 200 day moving average price of $35.36.

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.