Sprott Physical Gold Trust $PHYS Stock Holdings Lessened by Pasadena Private Wealth LLC

Pasadena Private Wealth LLC lowered its stake in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 16.8% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 209,479 shares of the exchange traded fund’s stock after selling 42,312 shares during the period. Sprott Physical Gold Trust makes up about 0.9% of Pasadena Private Wealth LLC’s investment portfolio, making the stock its 24th largest holding. Pasadena Private Wealth LLC’s holdings in Sprott Physical Gold Trust were worth $5,310,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of the stock. Ashton Thomas Private Wealth LLC raised its stake in Sprott Physical Gold Trust by 33.4% during the 2nd quarter. Ashton Thomas Private Wealth LLC now owns 27,091 shares of the exchange traded fund’s stock valued at $687,000 after purchasing an additional 6,790 shares during the period. Leavell Investment Management Inc. raised its stake in Sprott Physical Gold Trust by 17.3% during the 2nd quarter. Leavell Investment Management Inc. now owns 164,410 shares of the exchange traded fund’s stock valued at $4,168,000 after purchasing an additional 24,232 shares during the period. Sumitomo Mitsui Trust Group Inc. raised its stake in Sprott Physical Gold Trust by 454.2% during the 2nd quarter. Sumitomo Mitsui Trust Group Inc. now owns 62,900 shares of the exchange traded fund’s stock valued at $1,595,000 after purchasing an additional 51,550 shares during the period. 3EDGE Asset Management LP raised its stake in Sprott Physical Gold Trust by 2.3% during the 2nd quarter. 3EDGE Asset Management LP now owns 688,425 shares of the exchange traded fund’s stock valued at $17,214,000 after purchasing an additional 15,674 shares during the period. Finally, Intelligent Financial Strategies acquired a new stake in Sprott Physical Gold Trust during the 2nd quarter valued at $38,000.

Sprott Physical Gold Trust Price Performance

Shares of NYSEARCA:PHYS opened at $31.06 on Monday. The company’s fifty day moving average is $28.77 and its two-hundred day moving average is $26.60. Sprott Physical Gold Trust has a 12-month low of $19.63 and a 12-month high of $33.31.

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.