Corient Private Wealth LLC Buys 30,906 Shares of Sprott Physical Gold Trust $PHYS

Corient Private Wealth LLC lifted its position in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 18.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 198,648 shares of the exchange traded fund’s stock after purchasing an additional 30,906 shares during the quarter. Corient Private Wealth LLC’s holdings in Sprott Physical Gold Trust were worth $6,559,000 at the end of the most recent reporting period.

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

Sprott Physical Gold Trust Trading Up 1.1%

NYSEARCA PHYS opened at $30.30 on Friday. Sprott Physical Gold Trust has a 12-month low of $24.86 and a 12-month high of $42.07. The firm’s 50 day moving average is $33.96 and its 200-day moving average is $35.33.

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.