Wealth Enhancement Advisory Services LLC Sells 27,179 Shares of Sprott Physical Gold Trust $PHYS

Wealth Enhancement Advisory Services LLC decreased its holdings in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 2.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,171,451 shares of the exchange traded fund’s stock after selling 27,179 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Sprott Physical Gold Trust were worth $40,169,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. AQR Capital Management LLC purchased a new stake in shares of Sprott Physical Gold Trust during the first quarter valued at $260,000. Focus Partners Wealth purchased a new position in Sprott Physical Gold Trust in the 1st quarter worth about $200,000. MAI Capital Management increased its stake in Sprott Physical Gold Trust by 16.0% in the 2nd quarter. MAI Capital Management now owns 15,409 shares of the exchange traded fund’s stock worth $391,000 after buying an additional 2,130 shares during the period. CreativeOne Wealth LLC lifted its holdings in Sprott Physical Gold Trust by 58.5% during the 2nd quarter. CreativeOne Wealth LLC now owns 110,481 shares of the exchange traded fund’s stock valued at $2,801,000 after buying an additional 40,777 shares in the last quarter. Finally, Insigneo Advisory Services LLC lifted its holdings in Sprott Physical Gold Trust by 2.9% during the 2nd quarter. Insigneo Advisory Services LLC now owns 104,051 shares of the exchange traded fund’s stock valued at $2,638,000 after buying an additional 2,951 shares in the last quarter.

Sprott Physical Gold Trust Price Performance

Sprott Physical Gold Trust stock opened at $33.21 on Tuesday. The firm has a 50-day moving average of $37.72 and a two-hundred day moving average of $33.53. Sprott Physical Gold Trust has a 1 year low of $22.72 and a 1 year high of $42.07.

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. The company was founded on August 28, 2009 and is headquartered in Toronto, Canada.