Sprott Physical Gold Trust (NYSEARCA:PHYS) Shares Sold by Rice Partnership LLC

Rice Partnership LLC lowered its stake in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 13.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 18,548 shares of the exchange traded fund’s stock after selling 2,950 shares during the quarter. Rice Partnership LLC’s holdings in Sprott Physical Gold Trust were worth $446,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the stock. Bank of New York Mellon Corp lifted its holdings in Sprott Physical Gold Trust by 4.0% in the first quarter. Bank of New York Mellon Corp now owns 18,731 shares of the exchange traded fund’s stock worth $451,000 after purchasing an additional 729 shares during the period. World Investment Advisors acquired a new stake in Sprott Physical Gold Trust in the first quarter worth about $2,342,000. Strategic Blueprint LLC lifted its holdings in Sprott Physical Gold Trust by 26.2% in the first quarter. Strategic Blueprint LLC now owns 313,238 shares of the exchange traded fund’s stock worth $7,537,000 after purchasing an additional 65,049 shares during the period. Brookstone Capital Management lifted its holdings in Sprott Physical Gold Trust by 5.3% in the first quarter. Brookstone Capital Management now owns 163,811 shares of the exchange traded fund’s stock worth $3,941,000 after purchasing an additional 8,246 shares during the period. Finally, Silver Oak Securities Incorporated raised its position in Sprott Physical Gold Trust by 21.3% in the first quarter. Silver Oak Securities Incorporated now owns 58,478 shares of the exchange traded fund’s stock worth $1,393,000 after acquiring an additional 10,267 shares in the last quarter.

Sprott Physical Gold Trust Trading Down 0.6%

Shares of Sprott Physical Gold Trust stock opened at $25.55 on Friday. The company’s 50-day moving average price is $25.38 and its two-hundred day moving average price is $23.47. Sprott Physical Gold Trust has a 52 week low of $18.23 and a 52 week high of $26.42.

About Sprott Physical Gold Trust

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.