World Investment Advisors Boosts Stake in Sprott Physical Gold Trust $PHYS

World Investment Advisors lifted its holdings in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 8.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 207,688 shares of the exchange traded fund’s stock after buying an additional 15,630 shares during the period. World Investment Advisors’ holdings in Sprott Physical Gold Trust were worth $6,858,000 as of its most recent filing with the Securities and Exchange Commission.

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

Sprott Physical Gold Trust Trading Down 0.6%

Shares of Sprott Physical Gold Trust stock opened at $35.52 on Thursday. Sprott Physical Gold Trust has a 52-week low of $24.07 and a 52-week high of $42.07. The company has a 50 day moving average of $36.09 and a 200 day moving average of $34.93.

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.