Stonehage Fleming Financial Services Holdings Ltd Reduces Stock Holdings in Sprott Physical Gold Trust (NYSEARCA:PHYS)

Stonehage Fleming Financial Services Holdings Ltd reduced its position in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 10.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 12,482 shares of the exchange traded fund’s stock after selling 1,500 shares during the quarter. Stonehage Fleming Financial Services Holdings Ltd’s holdings in Sprott Physical Gold Trust were worth $251,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently made changes to their positions in the company. Legacy Investment Solutions LLC purchased a new stake in Sprott Physical Gold Trust in the 3rd quarter worth about $28,000. St. Johns Investment Management Company LLC bought a new position in Sprott Physical Gold Trust during the third quarter worth about $51,000. Missouri Trust & Investment Co increased its stake in shares of Sprott Physical Gold Trust by 160.9% in the third quarter. Missouri Trust & Investment Co now owns 2,609 shares of the exchange traded fund’s stock worth $53,000 after purchasing an additional 1,609 shares in the last quarter. First Horizon Advisors Inc. bought a new stake in shares of Sprott Physical Gold Trust in the third quarter valued at approximately $54,000. Finally, Sunbelt Securities Inc. purchased a new stake in shares of Sprott Physical Gold Trust during the 2nd quarter valued at approximately $51,000.

Sprott Physical Gold Trust Trading Up 0.6 %

Sprott Physical Gold Trust stock opened at $21.42 on Monday. The firm has a 50 day simple moving average of $20.46 and a 200 day simple moving average of $20.08. Sprott Physical Gold Trust has a 1-year low of $15.31 and a 1-year high of $21.70.

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.