National Bank of Canada FI Sells 33,010 Shares of Sprott Physical Gold Trust (NYSEARCA:PHYS)

National Bank of Canada FI trimmed its position in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 6.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 452,483 shares of the exchange traded fund’s stock after selling 33,010 shares during the period. National Bank of Canada FI’s holdings in Sprott Physical Gold Trust were worth $9,132,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Wealth Alliance Advisory Group LLC raised its holdings in Sprott Physical Gold Trust by 4.3% in the 4th quarter. Wealth Alliance Advisory Group LLC now owns 12,089 shares of the exchange traded fund’s stock worth $243,000 after purchasing an additional 500 shares in the last quarter. J.W. Cole Advisors Inc. increased its position in shares of 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 lifted its holdings in Sprott Physical Gold Trust by 0.9% in the fourth quarter. Nwam LLC now owns 62,364 shares of the exchange traded fund’s stock worth $1,256,000 after buying an additional 557 shares during the period. Quadrant Private Wealth Management LLC boosted its position in Sprott Physical Gold Trust by 0.6% during the 4th quarter. Quadrant Private Wealth Management LLC now owns 94,738 shares of the exchange traded fund’s stock valued at $1,908,000 after acquiring an additional 600 shares in the last quarter. Finally, Avior Wealth Management LLC boosted its position in Sprott Physical Gold Trust by 12.0% during the 4th quarter. Avior Wealth Management LLC now owns 5,700 shares of the exchange traded fund’s stock valued at $115,000 after acquiring an additional 610 shares in the last quarter.

Sprott Physical Gold Trust Price Performance

Shares of NYSEARCA:PHYS opened at $23.40 on Friday. The stock has a 50 day moving average price of $22.74 and a 200-day moving average price of $21.33. Sprott Physical Gold Trust has a 52-week low of $17.64 and a 52-week high of $24.28.

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.