Whalerock Point Partners LLC Buys New Shares in Sprott Physical Gold Trust $PHYS

Whalerock Point Partners LLC bought a new stake in Sprott Physical Gold Trust (NYSEARCA:PHYS) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 31,000 shares of the exchange traded fund’s stock, valued at approximately $1,024,000.

A number of other institutional investors have also recently bought and sold shares of PHYS. Heritage Wealth Advisors purchased a new stake in Sprott Physical Gold Trust in the fourth quarter valued at approximately $169,676,000. 3EDGE Asset Management LP purchased a new stake in Sprott Physical Gold Trust in the fourth quarter valued at approximately $31,652,000. Jupiter Asset Management Ltd. grew its holdings in Sprott Physical Gold Trust by 39.8% in 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 purchasing an additional 896,347 shares during the period. Jane Street Group LLC grew its holdings in Sprott Physical Gold Trust by 65.8% in the second quarter. Jane Street Group LLC now owns 1,618,276 shares of the exchange traded fund’s stock valued at $41,023,000 after purchasing an additional 642,224 shares during the period. Finally, Cambridge Investment Research Advisors Inc. grew its holdings in Sprott Physical Gold Trust by 15.5% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 3,035,301 shares of the exchange traded fund’s stock valued at $100,226,000 after purchasing an additional 407,271 shares during the period.

Sprott Physical Gold Trust Stock Performance

Sprott Physical Gold Trust stock opened at $31.75 on Monday. Sprott Physical Gold Trust has a 1 year low of $24.86 and a 1 year high of $42.07. The firm has a 50 day moving average price of $34.74 and a 200 day moving average price of $35.37.

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.