Fidelis Capital Partners LLC decreased its stake in Sprott Physical Gold Trust (NYSEARCA:PHYS – Free Report) by 1.7% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 543,915 shares of the exchange traded fund’s stock after selling 9,365 shares during the quarter. Sprott Physical Gold Trust makes up about 1.3% of Fidelis Capital Partners LLC’s holdings, making the stock its 19th biggest position. Fidelis Capital Partners LLC owned approximately 0.12% of Sprott Physical Gold Trust worth $14,066,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors also recently modified their holdings of PHYS. Midwest Trust Co acquired a new position in shares of Sprott Physical Gold Trust in the second quarter worth $425,000. Sound View Wealth Advisors Group LLC increased its position in Sprott Physical Gold Trust by 6.2% in the 2nd quarter. Sound View Wealth Advisors Group LLC now owns 18,741 shares of the exchange traded fund’s stock worth $475,000 after purchasing an additional 1,094 shares during the last quarter. Parkside Financial Bank & Trust raised its stake in shares of Sprott Physical Gold Trust by 36.4% during the 2nd quarter. Parkside Financial Bank & Trust now owns 1,500 shares of the exchange traded fund’s stock worth $38,000 after purchasing an additional 400 shares in the last quarter. Prospera Financial Services Inc lifted its holdings in shares of Sprott Physical Gold Trust by 49.9% during the 2nd quarter. Prospera Financial Services Inc now owns 482,843 shares of the exchange traded fund’s stock valued at $12,240,000 after buying an additional 160,832 shares during the last quarter. Finally, Legacy Investment Solutions LLC acquired a new stake in shares of Sprott Physical Gold Trust during the 2nd quarter valued at about $36,000.
Sprott Physical Gold Trust Price Performance
Shares of NYSEARCA PHYS opened at $30.42 on Monday. The business has a 50 day simple moving average of $29.62 and a 200 day simple moving average of $26.97. Sprott Physical Gold Trust has a 52 week low of $19.63 and a 52 week high of $33.31.
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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