Sprott Physical Gold Trust $PHYS Stock Holdings Lifted by WIT Partners Advisory Pte. Ltd.

WIT Partners Advisory Pte. Ltd. increased its position in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 340.5% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 941,220 shares of the exchange traded fund’s stock after acquiring an additional 727,533 shares during the quarter. Sprott Physical Gold Trust accounts for about 9.8% of WIT Partners Advisory Pte. Ltd.’s holdings, making the stock its 2nd largest position. WIT Partners Advisory Pte. Ltd.’s holdings in Sprott Physical Gold Trust were worth $33,357,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in PHYS. Royal Bank of Canada raised its stake in 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 valued at $314,220,000 after purchasing an additional 724,321 shares during the period. Federation des caisses Desjardins du Quebec raised its position in Sprott Physical Gold Trust by 2.3% during the fourth quarter. Federation des caisses Desjardins du Quebec now owns 5,589,846 shares of the exchange traded fund’s stock valued at $184,642,000 after buying an additional 125,087 shares during the period. CENTRAL TRUST Co raised its position in Sprott Physical Gold Trust by 26.3% during the first quarter. CENTRAL TRUST Co now owns 5,542,655 shares of the exchange traded fund’s stock valued at $196,432,000 after buying an additional 1,154,326 shares during the period. Heritage Wealth Advisors purchased a new stake in Sprott Physical Gold Trust in the 4th quarter worth about $169,676,000. Finally, Pekin Hardy Strauss Inc. lifted its stake in Sprott Physical Gold Trust by 1.3% in the 4th 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 in the last quarter.

Sprott Physical Gold Trust Stock Down 1.9%

NYSEARCA:PHYS opened at $30.00 on Friday. Sprott Physical Gold Trust has a fifty-two week low of $25.00 and a fifty-two week high of $42.07. The stock’s 50-day moving average is $32.49 and its two-hundred day moving average is $35.06.

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.