Sprott Physical Gold Trust (NYSEARCA:PHYS) Shares Sold by Tocqueville Asset Management L.P.

Tocqueville Asset Management L.P. lowered its holdings in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 3.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 23,522 shares of the exchange traded fund’s stock after selling 811 shares during the quarter. Tocqueville Asset Management L.P.’s holdings in Sprott Physical Gold Trust were worth $474,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Wealth Alliance Advisory Group LLC grew its position in Sprott Physical Gold Trust by 4.3% during the fourth quarter. Wealth Alliance Advisory Group LLC now owns 12,089 shares of the exchange traded fund’s stock valued at $243,000 after buying an additional 500 shares during the period. J.W. Cole Advisors Inc. grew its position in Sprott Physical Gold Trust by 1.2% during the fourth quarter. J.W. Cole Advisors Inc. now owns 42,131 shares of the exchange traded fund’s stock valued at $849,000 after buying an additional 519 shares during the period. Nwam LLC grew its position in Sprott Physical Gold Trust by 0.9% during the fourth quarter. Nwam LLC now owns 62,364 shares of the exchange traded fund’s stock valued at $1,256,000 after buying an additional 557 shares during the period. Quadrant Private Wealth Management LLC grew its position in Sprott Physical Gold Trust by 0.6% during the fourth quarter. Quadrant Private Wealth Management LLC now owns 94,738 shares of the exchange traded fund’s stock valued at $1,908,000 after buying an additional 600 shares during the period. Finally, Avior Wealth Management LLC grew its position in Sprott Physical Gold Trust by 12.0% during the fourth quarter. Avior Wealth Management LLC now owns 5,700 shares of the exchange traded fund’s stock valued at $115,000 after buying an additional 610 shares during the period.

Sprott Physical Gold Trust Stock Up 0.4 %

PHYS opened at $23.59 on Thursday. Sprott Physical Gold Trust has a 52-week low of $16.66 and a 52-week high of $23.61. The firm’s fifty day simple moving average is $22.08 and its two-hundred day simple moving average is $20.99.

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.