Sprott Physical Gold Trust $PHYS Shares Sold by Quilter Plc

Quilter Plc lessened its holdings in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 2.5% during the second quarter, HoldingsChannel reports. The firm owned 448,093 shares of the exchange traded fund’s stock after selling 11,638 shares during the quarter. Quilter Plc’s holdings in Sprott Physical Gold Trust were worth $11,359,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the business. Ameriflex Group Inc. grew its position in shares of Sprott Physical Gold Trust by 66.7% in the second quarter. Ameriflex Group Inc. now owns 1,000 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 400 shares during the period. Parkside Financial Bank & Trust boosted its stake in Sprott Physical Gold Trust by 36.4% in the 2nd quarter. Parkside Financial Bank & Trust now owns 1,500 shares of the exchange traded fund’s stock worth $38,000 after buying an additional 400 shares during the last quarter. Tradewinds Capital Management LLC grew its holdings in Sprott Physical Gold Trust by 59.8% in the 2nd quarter. Tradewinds Capital Management LLC now owns 1,088 shares of the exchange traded fund’s stock valued at $28,000 after buying an additional 407 shares during the period. Stratos Wealth Partners LTD. increased its stake in shares of Sprott Physical Gold Trust by 0.3% during the 2nd quarter. Stratos Wealth Partners LTD. now owns 160,105 shares of the exchange traded fund’s stock valued at $4,059,000 after acquiring an additional 428 shares during the last quarter. Finally, Evermay Wealth Management LLC increased its stake in shares of Sprott Physical Gold Trust by 11.3% during the 2nd quarter. Evermay Wealth Management LLC now owns 4,347 shares of the exchange traded fund’s stock valued at $110,000 after acquiring an additional 441 shares during the last quarter.

Sprott Physical Gold Trust Price Performance

PHYS opened at $31.09 on Thursday. Sprott Physical Gold Trust has a 1 year low of $19.89 and a 1 year high of $33.31. The company’s 50 day simple moving average is $30.23 and its 200 day simple moving average is $27.30.

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.