Sprott Physical Gold Trust $PHYS Shares Sold by Private Advisor Group LLC

Private Advisor Group LLC lowered its stake in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 19.5% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 960,848 shares of the exchange traded fund’s stock after selling 232,056 shares during the period. Private Advisor Group LLC owned 0.20% of Sprott Physical Gold Trust worth $28,460,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the stock. World Investment Advisors increased its holdings in Sprott Physical Gold Trust by 36.4% in the third quarter. World Investment Advisors now owns 192,058 shares of the exchange traded fund’s stock valued at $5,689,000 after buying an additional 51,243 shares during the last quarter. D.A. Davidson & CO. acquired a new stake in Sprott Physical Gold Trust during the third quarter valued at approximately $883,000. Concurrent Investment Advisors LLC lifted its holdings in Sprott Physical Gold Trust by 129.2% during the 3rd quarter. Concurrent Investment Advisors LLC now owns 50,432 shares of the exchange traded fund’s stock worth $1,494,000 after buying an additional 28,428 shares during the last quarter. Avantax Advisory Services Inc. lifted its holdings in Sprott Physical Gold Trust by 32.3% during the 2nd quarter. Avantax Advisory Services Inc. now owns 545,100 shares of the exchange traded fund’s stock worth $13,818,000 after buying an additional 132,995 shares during the last quarter. Finally, CWM LLC grew its position in shares of Sprott Physical Gold Trust by 64.0% in the 3rd quarter. CWM LLC now owns 70,078 shares of the exchange traded fund’s stock worth $2,076,000 after acquiring an additional 27,355 shares in the last quarter.

Sprott Physical Gold Trust Trading Down 0.2%

Shares of NYSEARCA PHYS opened at $39.15 on Tuesday. Sprott Physical Gold Trust has a twelve month low of $22.45 and a twelve month high of $42.07. The business has a 50 day simple moving average of $37.08 and a 200-day simple moving average of $32.79.

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