Surience Private Wealth LLC Grows Position in Sprott Physical Gold Trust $PHYS

Surience Private Wealth LLC raised its holdings in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 247.2% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 35,749 shares of the exchange traded fund’s stock after acquiring an additional 25,454 shares during the quarter. Sprott Physical Gold Trust accounts for about 1.4% of Surience Private Wealth LLC’s holdings, making the stock its 23rd biggest position. Surience Private Wealth LLC’s holdings in Sprott Physical Gold Trust were worth $1,267,000 as of its most recent filing with the SEC.

Other institutional investors also recently made changes to their positions in the company. CENTRAL TRUST Co increased its holdings in shares of Sprott Physical Gold Trust by 26.3% in the 1st quarter. CENTRAL TRUST Co now owns 5,542,655 shares of the exchange traded fund’s stock valued at $196,432,000 after purchasing an additional 1,154,326 shares in the last quarter. Discipline Wealth Solutions LLC purchased a new stake in Sprott Physical Gold Trust during the first quarter worth about $1,116,000. AdvisorNet Financial Inc boosted its holdings in Sprott Physical Gold Trust by 11.6% during the first quarter. AdvisorNet Financial Inc now owns 31,579 shares of the exchange traded fund’s stock worth $1,119,000 after buying an additional 3,289 shares in the last quarter. Anchyra Partners LLC acquired a new position in Sprott Physical Gold Trust during the first quarter worth about $284,000. Finally, Webster Bank N. A. grew its position in Sprott Physical Gold Trust by 547.0% during the first quarter. Webster Bank N. A. now owns 3,785 shares of the exchange traded fund’s stock worth $134,000 after buying an additional 3,200 shares during the period.

Sprott Physical Gold Trust Stock Down 3.1%

Shares of Sprott Physical Gold Trust stock opened at $29.98 on Thursday. The company has a 50-day moving average of $34.09 and a two-hundred day moving average of $35.35. Sprott Physical Gold Trust has a 12-month low of $24.86 and a 12-month high of $42.07.

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.