Laird Norton Wetherby Trust Company LLC Raises Holdings in Sprott Physical Gold Trust $PHYS

Laird Norton Wetherby Trust Company LLC increased its stake in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 7.4% during the 3rd quarter, Holdings Channel.com reports. The fund owned 327,081 shares of the exchange traded fund’s stock after purchasing an additional 22,425 shares during the quarter. Sprott Physical Gold Trust accounts for approximately 1.7% of Laird Norton Wetherby Trust Company LLC’s portfolio, making the stock its 13th largest position. Laird Norton Wetherby Trust Company LLC’s holdings in Sprott Physical Gold Trust were worth $9,688,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of PHYS. Jupiter Asset Management Ltd. lifted its position 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 last quarter. Jane Street Group LLC grew its holdings in shares of 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 worth $41,023,000 after purchasing an additional 642,224 shares during the last quarter. Cerity Partners LLC increased its stake in shares of Sprott Physical Gold Trust by 552.0% in the third quarter. Cerity Partners LLC now owns 508,322 shares of the exchange traded fund’s stock worth $15,057,000 after buying an additional 430,358 shares during the period. CENTRAL TRUST Co increased its stake in shares of Sprott Physical Gold Trust by 9.1% in the third quarter. CENTRAL TRUST Co now owns 4,649,181 shares of the exchange traded fund’s stock worth $137,709,000 after buying an additional 388,033 shares during the period. Finally, Sprott Inc. raised its holdings in Sprott Physical Gold Trust by 16.6% during the 3rd quarter. Sprott Inc. now owns 2,265,812 shares of the exchange traded fund’s stock valued at $67,115,000 after buying an additional 323,383 shares during the last quarter.

Sprott Physical Gold Trust Price Performance

Shares of PHYS opened at $38.05 on Tuesday. The firm has a fifty day simple moving average of $37.63 and a two-hundred day simple moving average of $33.24. Sprott Physical Gold Trust has a twelve month low of $22.72 and a twelve month 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.