Sprott Physical Gold Trust (NYSEARCA:PHYS) Shares Sold by Quilter Plc

Quilter Plc lowered its position in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 14.5% during the fourth quarter, HoldingsChannel.com reports. The fund owned 496,187 shares of the exchange traded fund’s stock after selling 83,944 shares during the quarter. Quilter Plc’s holdings in Sprott Physical Gold Trust were worth $9,993,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. AdvisorNet Financial Inc grew its holdings in Sprott Physical Gold Trust by 7,000.0% during the 4th quarter. AdvisorNet Financial Inc now owns 3,550 shares of the exchange traded fund’s stock valued at $71,000 after buying an additional 3,500 shares during the last quarter. Concourse Financial Group Securities Inc. grew its holdings in Sprott Physical Gold Trust by 9.8% during the 3rd quarter. Concourse Financial Group Securities Inc. now owns 6,893 shares of the exchange traded fund’s stock valued at $140,000 after buying an additional 615 shares during the last quarter. Raymond James & Associates grew its holdings in Sprott Physical Gold Trust by 73.3% during the 3rd quarter. Raymond James & Associates now owns 1,602,282 shares of the exchange traded fund’s stock valued at $32,655,000 after buying an additional 677,623 shares during the last quarter. International Assets Investment Management LLC grew its holdings in Sprott Physical Gold Trust by 2,471.9% during the 3rd quarter. International Assets Investment Management LLC now owns 2,859,518 shares of the exchange traded fund’s stock valued at $58,277,000 after buying an additional 2,748,335 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in Sprott Physical Gold Trust by 74.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 395,289 shares of the exchange traded fund’s stock valued at $8,056,000 after buying an additional 168,288 shares during the last quarter.

Sprott Physical Gold Trust Trading Up 0.1 %

Shares of NYSEARCA:PHYS opened at $22.16 on Monday. The business’s fifty day moving average price is $20.74 and its two-hundred day moving average price is $20.29. Sprott Physical Gold Trust has a one year low of $15.31 and a one year high of $22.37.

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.