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

Corient Private Wealth LLC increased its holdings in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 18.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 198,648 shares of the exchange traded fund’s stock after acquiring an additional 30,906 shares during the quarter. Corient Private Wealth LLC’s holdings in Sprott Physical Gold Trust were worth $6,559,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Sankala Group LLC acquired a new position in shares of Sprott Physical Gold Trust in the fourth quarter valued at $619,000. Alternative Investment Advisors LLC. acquired a new stake in Sprott Physical Gold Trust during the 4th quarter worth approximately $200,000. Kera Capital Partners Inc. boosted its stake in Sprott Physical Gold Trust by 55.5% in the 4th quarter. Kera Capital Partners Inc. now owns 356,193 shares of the exchange traded fund’s stock valued at $12,987,000 after purchasing an additional 127,170 shares during the period. Walser Wealth Management Company A Ltd Liability Co acquired a new position in Sprott Physical Gold Trust in the 4th quarter valued at $880,000. Finally, Mcguire Capital Advisors Inc. acquired a new position in shares of Sprott Physical Gold Trust in the fourth quarter valued at about $64,000.

Sprott Physical Gold Trust Trading Up 1.1%

Shares of Sprott Physical Gold Trust stock opened at $30.30 on Friday. Sprott Physical Gold Trust has a twelve month low of $24.86 and a twelve month high of $42.07. The company has a 50-day simple moving average of $33.96 and a two-hundred day simple moving average of $35.33.

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.