Tocqueville Asset Management L.P. Decreases Holdings in Sprott Physical Gold Trust (NYSEARCA:PHYS)

Tocqueville Asset Management L.P. decreased its position in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 3.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 23,522 shares of the exchange traded fund’s stock after selling 811 shares during the period. Tocqueville Asset Management L.P.’s holdings in Sprott Physical Gold Trust were worth $474,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of PHYS. OneDigital Investment Advisors LLC lifted its position in Sprott Physical Gold Trust by 113.0% during the third quarter. OneDigital Investment Advisors LLC now owns 27,458 shares of the exchange traded fund’s stock valued at $560,000 after acquiring an additional 14,564 shares during the last quarter. Natixis Advisors LLC purchased a new stake in Sprott Physical Gold Trust during the third quarter valued at approximately $219,000. Prospera Financial Services Inc increased its stake in Sprott Physical Gold Trust by 4.9% during the 3rd quarter. Prospera Financial Services Inc now owns 315,479 shares of the exchange traded fund’s stock valued at $6,429,000 after purchasing an additional 14,758 shares in the last quarter. PNC Financial Services Group Inc. increased its stake in Sprott Physical Gold Trust by 28.9% during the 3rd quarter. PNC Financial Services Group Inc. now owns 108,339 shares of the exchange traded fund’s stock valued at $2,208,000 after purchasing an additional 24,283 shares in the last quarter. Finally, Commerce Bank increased its stake in Sprott Physical Gold Trust by 53.3% during the 3rd quarter. Commerce Bank now owns 38,780 shares of the exchange traded fund’s stock valued at $790,000 after purchasing an additional 13,478 shares in the last quarter.

Sprott Physical Gold Trust Stock Performance

Shares of Sprott Physical Gold Trust stock opened at $23.59 on Thursday. Sprott Physical Gold Trust has a 12-month low of $16.66 and a 12-month high of $23.61. The firm’s 50 day simple moving average is $22.08 and its two-hundred day simple moving average is $20.99.

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.