D.A. Davidson & CO. reduced its stake in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 2.3% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 147,658 shares of the exchange traded fund’s stock after selling 3,523 shares during the quarter. D.A. Davidson & CO.’s holdings in Sprott Physical Gold Trust were worth $1,495,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Proficio Capital Partners LLC grew its position in shares of Sprott Physical Gold Trust by 1.9% in the 2nd quarter. Proficio Capital Partners LLC now owns 587,048 shares of the exchange traded fund’s stock worth $6,058,000 after buying an additional 10,710 shares during the period. Legacy Capital Partners Inc. grew its position in shares of Sprott Physical Gold Trust by 5.6% in the 2nd quarter. Legacy Capital Partners Inc. now owns 360,160 shares of the exchange traded fund’s stock worth $3,648,000 after buying an additional 19,237 shares during the period. Smith Affiliated Capital Corp. grew its position in shares of Sprott Physical Gold Trust by 1.8% in the 2nd quarter. Smith Affiliated Capital Corp. now owns 355,310 shares of the exchange traded fund’s stock worth $3,599,000 after buying an additional 6,446 shares during the period. Filament LLC grew its position in shares of Sprott Physical Gold Trust by 8.6% in the 2nd quarter. Filament LLC now owns 180,259 shares of the exchange traded fund’s stock worth $1,826,000 after buying an additional 14,327 shares during the period. Finally, A. D. Beadell Investment Counsel Inc. grew its position in shares of Sprott Physical Gold Trust by 1.0% in the 2nd quarter. A. D. Beadell Investment Counsel Inc. now owns 144,998 shares of the exchange traded fund’s stock worth $1,468,000 after buying an additional 1,398 shares during the period.

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Shares of Sprott Physical Gold Trust (PHYS) opened at 10.56 on Friday. Sprott Physical Gold Trust has a 52-week low of $9.19 and a 52-week high of $11.15. The stock has a 50 day moving average of $10.59 and a 200-day moving average of $10.31.

About Sprott Physical Gold Trust

Sprott Physical Gold Trust (the Trust) is a closed-end trust. The Trust invests in unencumbered and fully allocated London Good Delivery (LGD) gold bars. The Trust was created to invest and hold substantially all of its assets in physical gold bullion. The Trust invests in long-term holdings of unencumbered, fully allocated physical gold bullion and does not speculate with regard to short-term changes in gold prices.

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Institutional Ownership by Quarter for Sprott Physical Gold Trust (NYSEARCA:PHYS)

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