Private Trust Co. NA Buys 500 Shares of Sprott Physical Gold Trust $PHYS

Private Trust Co. NA raised its position in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 11.1% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,000 shares of the exchange traded fund’s stock after acquiring an additional 500 shares during the period. Private Trust Co. NA’s holdings in Sprott Physical Gold Trust were worth $127,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Royal Bank of Canada lifted its holdings in Sprott Physical Gold Trust by 18.3% during the 1st quarter. Royal Bank of Canada now owns 7,917,978 shares of the exchange traded fund’s stock worth $190,507,000 after purchasing an additional 1,225,695 shares during the last quarter. Pekin Hardy Strauss Inc. lifted its holdings in shares of Sprott Physical Gold Trust by 0.7% during the first quarter. Pekin Hardy Strauss Inc. now owns 4,226,558 shares of the exchange traded fund’s stock worth $101,691,000 after buying an additional 29,770 shares in the last quarter. IMC Chicago LLC lifted 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 buying an additional 3,095,611 shares in the last quarter. Jupiter Asset Management Ltd. boosted its position in shares of Sprott Physical Gold Trust by 10.9% in the first quarter. Jupiter Asset Management Ltd. now owns 1,953,178 shares of the exchange traded fund’s stock valued at $47,062,000 after acquiring an additional 192,612 shares during the period. Finally, SouthState Corp grew its stake in shares of Sprott Physical Gold Trust by 0.6% in the first quarter. SouthState Corp now owns 1,885,075 shares of the exchange traded fund’s stock valued at $45,355,000 after acquiring an additional 11,035 shares in the last quarter.

Sprott Physical Gold Trust Stock Down 0.4%

NYSEARCA:PHYS opened at $30.89 on Thursday. Sprott Physical Gold Trust has a 52 week low of $19.63 and a 52 week high of $33.31. The firm’s 50-day simple moving average is $28.56 and its 200 day simple moving average is $26.45.

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.