Aptus Capital Advisors LLC Has $1.10 Million Position in Sprott Physical Gold Trust (NYSEARCA:PHYS)

Aptus Capital Advisors LLC reduced its stake in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 1.8% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 53,710 shares of the exchange traded fund’s stock after selling 1,000 shares during the period. Aptus Capital Advisors LLC’s holdings in Sprott Physical Gold Trust were worth $1,095,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Koshinski Asset Management Inc. lifted its stake in Sprott Physical Gold Trust by 9.0% in the first quarter. Koshinski Asset Management Inc. now owns 16,975 shares of the exchange traded fund’s stock valued at $294,000 after acquiring an additional 1,405 shares during the last quarter. Nwam LLC bought a new stake in Sprott Physical Gold Trust in the first quarter worth $1,071,000. Capital Wealth Alliance LLC increased its position in Sprott Physical Gold Trust by 9.2% during the first quarter. Capital Wealth Alliance LLC now owns 947,292 shares of the exchange traded fund’s stock worth $16,384,000 after buying an additional 79,616 shares during the last quarter. Beaumont Financial Advisors LLC raised its holdings in Sprott Physical Gold Trust by 8.6% during the first quarter. Beaumont Financial Advisors LLC now owns 174,247 shares of the exchange traded fund’s stock valued at $3,014,000 after buying an additional 13,800 shares in the last quarter. Finally, Rockport Wealth LLC acquired a new stake in shares of Sprott Physical Gold Trust in the first quarter worth about $658,000.

Sprott Physical Gold Trust Price Performance

Shares of NYSEARCA PHYS opened at $19.65 on Friday. The business’s 50-day simple moving average is $20.56 and its 200-day simple moving average is $19.25. Sprott Physical Gold Trust has a 52 week low of $15.31 and a 52 week high of $21.70.

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.