Kera Capital Partners Inc. Purchases 3,499 Shares of Sprott Physical Gold Trust $PHYS

Kera Capital Partners Inc. boosted its position in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 1.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 227,166 shares of the exchange traded fund’s stock after acquiring an additional 3,499 shares during the period. Sprott Physical Gold Trust accounts for 1.1% of Kera Capital Partners Inc.’s portfolio, making the stock its 23rd largest position. Kera Capital Partners Inc.’s holdings in Sprott Physical Gold Trust were worth $5,759,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Cheviot Value Management LLC bought a new position in Sprott Physical Gold Trust in the first quarter valued at about $30,000. Assetmark Inc. bought a new position in Sprott Physical Gold Trust in the first quarter valued at about $31,000. Continuum Advisory LLC boosted its holdings in Sprott Physical Gold Trust by 162.9% in the first quarter. Continuum Advisory LLC now owns 1,472 shares of the exchange traded fund’s stock valued at $35,000 after acquiring an additional 912 shares during the last quarter. North Capital Inc. bought a new position in Sprott Physical Gold Trust in the first quarter valued at about $37,000. Finally, Center for Financial Planning Inc. bought a new position in Sprott Physical Gold Trust in the first quarter valued at about $39,000.

Sprott Physical Gold Trust Trading Up 0.2%

Sprott Physical Gold Trust stock opened at $28.04 on Friday. The business’s 50-day simple moving average is $26.10 and its 200 day simple moving average is $25.11. Sprott Physical Gold Trust has a 12-month low of $19.63 and a 12-month high of $28.27.

Sprott Physical Gold Trust 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.