HighTower Advisors LLC Boosts Stock Holdings in Sprott Physical Gold Trust $PHYS

HighTower Advisors LLC raised its holdings in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 4.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,101,440 shares of the exchange traded fund’s stock after buying an additional 43,434 shares during the period. HighTower Advisors LLC owned about 0.23% of Sprott Physical Gold Trust worth $36,370,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in PHYS. Jupiter Asset Management Ltd. boosted its position in Sprott Physical Gold Trust by 39.8% during the third quarter. Jupiter Asset Management Ltd. now owns 3,145,855 shares of the exchange traded fund’s stock valued at $92,913,000 after buying an additional 896,347 shares during the period. Jane Street Group LLC boosted its holdings in shares of Sprott Physical Gold Trust by 65.8% during the second quarter. Jane Street Group LLC now owns 1,618,276 shares of the exchange traded fund’s stock worth $41,023,000 after purchasing an additional 642,224 shares during the period. Cambridge Investment Research Advisors Inc. boosted its holdings in shares of Sprott Physical Gold Trust by 15.5% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 3,035,301 shares of the exchange traded fund’s stock worth $100,226,000 after purchasing an additional 407,271 shares during the period. CENTRAL TRUST Co boosted its holdings in shares of Sprott Physical Gold Trust by 9.1% during the third quarter. CENTRAL TRUST Co now owns 4,649,181 shares of the exchange traded fund’s stock worth $137,709,000 after purchasing an additional 388,033 shares during the period. Finally, BIP Wealth LLC boosted its holdings in shares of Sprott Physical Gold Trust by 335.2% during the fourth quarter. BIP Wealth LLC now owns 491,350 shares of the exchange traded fund’s stock worth $16,224,000 after purchasing an additional 378,445 shares during the period.

Sprott Physical Gold Trust Trading Down 0.1%

Sprott Physical Gold Trust stock opened at $34.37 on Friday. The firm has a 50-day moving average of $35.54 and a 200-day moving average of $35.11. Sprott Physical Gold Trust has a 1-year low of $24.86 and a 1-year high of $42.07.

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.