Cetera Investment Advisers Acquires 91,695 Shares of Sprott Physical Gold Trust $PHYS

Cetera Investment Advisers raised its holdings in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 5.6% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,726,789 shares of the exchange traded fund’s stock after buying an additional 91,695 shares during the quarter. Cetera Investment Advisers owned about 0.36% of Sprott Physical Gold Trust worth $61,197,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in PHYS. Heritage Wealth Advisors purchased a new stake in shares of Sprott Physical Gold Trust in the 4th quarter valued at about $169,676,000. IMC Chicago LLC grew its holdings in shares of Sprott Physical Gold Trust by 494.3% during the first quarter. IMC Chicago LLC now owns 2,449,218 shares of the exchange traded fund’s stock worth $86,800,000 after purchasing an additional 2,037,133 shares in the last quarter. CENTRAL TRUST Co increased its position in shares of Sprott Physical Gold Trust by 26.3% in the first quarter. CENTRAL TRUST Co now owns 5,542,655 shares of the exchange traded fund’s stock worth $196,432,000 after purchasing an additional 1,154,326 shares during the last quarter. 3EDGE Asset Management LP bought a new position in shares of Sprott Physical Gold Trust in the fourth quarter worth approximately $31,652,000. Finally, WIT Partners Advisory Pte. Ltd. raised its stake in Sprott Physical Gold Trust by 340.5% in the first quarter. WIT Partners Advisory Pte. Ltd. now owns 941,220 shares of the exchange traded fund’s stock valued at $33,357,000 after purchasing an additional 727,533 shares in the last quarter.

Sprott Physical Gold Trust Stock Up 0.1%

Shares of PHYS opened at $30.64 on Friday. Sprott Physical Gold Trust has a 1-year low of $25.00 and a 1-year high of $42.07. The firm’s 50 day simple moving average is $31.92 and its 200 day simple moving average is $34.94.

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.