St. James Investment Company LLC cut its stake in Sprott Physical Gold Trust (NYSEARCA:PHYS – Free Report) by 1.3% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 89,145 shares of the exchange traded fund’s stock after selling 1,165 shares during the period. Sprott Physical Gold Trust makes up 0.4% of St. James Investment Company LLC’s investment portfolio, making the stock its 25th largest position. St. James Investment Company LLC’s holdings in Sprott Physical Gold Trust were worth $2,145,000 as of its most recent filing with the SEC.
A number of other institutional investors have also recently bought and sold shares of PHYS. Veracity Capital LLC raised its holdings in shares of Sprott Physical Gold Trust by 2.2% in the 1st quarter. Veracity Capital LLC now owns 19,380 shares of the exchange traded fund’s stock worth $466,000 after purchasing an additional 419 shares during the period. Sequoia Financial Advisors LLC increased its position in Sprott Physical Gold Trust by 4.2% during the 1st quarter. Sequoia Financial Advisors LLC now owns 13,259 shares of the exchange traded fund’s stock worth $319,000 after purchasing an additional 535 shares in the last quarter. BIP Wealth LLC raised its holdings in Sprott Physical Gold Trust by 0.6% in the fourth quarter. BIP Wealth LLC now owns 104,482 shares of the exchange traded fund’s stock valued at $2,104,000 after buying an additional 612 shares during the period. Harbour Investments Inc. lifted its position in Sprott Physical Gold Trust by 1.9% during the fourth quarter. Harbour Investments Inc. now owns 34,857 shares of the exchange traded fund’s stock valued at $702,000 after buying an additional 650 shares in the last quarter. Finally, Sound View Wealth Advisors Group LLC boosted its position in Sprott Physical Gold Trust by 4.6% during the 4th quarter. Sound View Wealth Advisors Group LLC now owns 16,700 shares of the exchange traded fund’s stock worth $336,000 after purchasing an additional 741 shares during the period.
Sprott Physical Gold Trust Stock Performance
Shares of PHYS opened at $25.70 on Thursday. Sprott Physical Gold Trust has a 12 month low of $18.23 and a 12 month high of $26.42. The stock’s 50-day moving average is $25.37 and its two-hundred day moving average is $23.37.
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.
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