Sprott Physical Gold Trust $PHYS Shares Sold by WIT Partners Advisory Pte. Ltd.

WIT Partners Advisory Pte. Ltd. trimmed its holdings in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 22.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 213,687 shares of the exchange traded fund’s stock after selling 62,500 shares during the period. Sprott Physical Gold Trust makes up about 2.4% of WIT Partners Advisory Pte. Ltd.’s portfolio, making the stock its 4th biggest position. WIT Partners Advisory Pte. Ltd.’s holdings in Sprott Physical Gold Trust were worth $6,806,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the business. 55 North Private Wealth LLC purchased a new position in shares of Sprott Physical Gold Trust during the 4th quarter valued at approximately $437,000. TD Waterhouse Canada Inc. increased its holdings in shares of Sprott Physical Gold Trust by 17.6% during the 4th quarter. TD Waterhouse Canada Inc. now owns 383,643 shares of the exchange traded fund’s stock valued at $12,665,000 after purchasing an additional 57,380 shares in the last quarter. Belpointe Asset Management LLC increased its holdings in shares of Sprott Physical Gold Trust by 13.9% during the 4th quarter. Belpointe Asset Management LLC now owns 119,405 shares of the exchange traded fund’s stock valued at $3,943,000 after purchasing an additional 14,576 shares in the last quarter. Financial Management Professionals Inc. purchased a new position in shares of Sprott Physical Gold Trust during the 4th quarter valued at approximately $36,000. Finally, Summit Financial Strategies Inc. purchased a new position in shares of Sprott Physical Gold Trust during the 4th quarter valued at approximately $207,000.

Sprott Physical Gold Trust Stock Down 3.0%

NYSEARCA:PHYS opened at $35.44 on Wednesday. The company has a 50 day moving average price of $37.01 and a 200-day moving average price of $34.54. Sprott Physical Gold Trust has a 1-year low of $24.07 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.