Cerity Partners LLC Boosts Stock Holdings in Sprott Physical Gold Trust (NYSEARCA:PHYS)

Cerity Partners LLC increased its holdings in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 4.7% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 43,654 shares of the exchange traded fund’s stock after buying an additional 1,950 shares during the period. Cerity Partners LLC’s holdings in Sprott Physical Gold Trust were worth $890,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the business. Banque Cantonale Vaudoise purchased a new position in Sprott Physical Gold Trust during the second quarter worth about $36,000. St. Johns Investment Management Company LLC bought a new stake in shares of Sprott Physical Gold Trust during the 3rd quarter valued at about $51,000. Missouri Trust & Investment Co grew its holdings in shares of Sprott Physical Gold Trust by 160.9% during the third quarter. Missouri Trust & Investment Co now owns 2,609 shares of the exchange traded fund’s stock worth $53,000 after purchasing an additional 1,609 shares in the last quarter. First Horizon Advisors Inc. bought a new position in shares of Sprott Physical Gold Trust in the third quarter worth approximately $54,000. Finally, Sunbelt Securities Inc. purchased a new stake in Sprott Physical Gold Trust in the second quarter valued at approximately $51,000.

Sprott Physical Gold Trust Price Performance

PHYS stock opened at $20.25 on Friday. The firm has a 50 day simple moving average of $20.63 and a two-hundred day simple moving average of $19.48. Sprott Physical Gold Trust has a one year low of $15.31 and a one year high of $21.70.

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.