48,950 Shares in Sprott Physical Gold Trust $PHYS Purchased by Collaborative Fund Advisors LLC

Collaborative Fund Advisors LLC bought a new position in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 48,950 shares of the exchange traded fund’s stock, valued at approximately $1,735,000.

Several other institutional investors and hedge funds also recently bought and sold shares of PHYS. Royal Bank of Canada increased its holdings in shares of Sprott Physical Gold Trust by 8.2% during the 4th quarter. Royal Bank of Canada now owns 9,516,053 shares of the exchange traded fund’s stock worth $314,220,000 after buying an additional 724,321 shares during the last quarter. Federation des caisses Desjardins du Quebec grew its position in Sprott Physical Gold Trust by 2.3% in the fourth quarter. Federation des caisses Desjardins du Quebec now owns 5,589,846 shares of the exchange traded fund’s stock worth $184,642,000 after acquiring an additional 125,087 shares during the period. CENTRAL TRUST Co grew its position in Sprott Physical Gold Trust by 26.3% in the first quarter. CENTRAL TRUST Co now owns 5,542,655 shares of the exchange traded fund’s stock worth $196,432,000 after acquiring an additional 1,154,326 shares during the period. Heritage Wealth Advisors acquired a new stake in Sprott Physical Gold Trust during the fourth quarter worth $169,676,000. Finally, Pekin Hardy Strauss Inc. increased its stake in Sprott Physical Gold Trust by 1.3% during the fourth quarter. Pekin Hardy Strauss Inc. now owns 4,318,119 shares of the exchange traded fund’s stock worth $142,584,000 after acquiring an additional 56,549 shares during the last quarter.

Sprott Physical Gold Trust Stock Performance

NYSEARCA:PHYS opened at $31.08 on Monday. Sprott Physical Gold Trust has a 52 week low of $25.00 and a 52 week high of $42.07. The stock’s fifty day moving average is $33.29 and its two-hundred day moving average is $35.25.

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.