Blair William & Co. IL Reduces Position in Sprott Physical Gold Trust $PHYS

Blair William & Co. IL lessened its holdings in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 13.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 258,356 shares of the exchange traded fund’s stock after selling 41,849 shares during the period. Blair William & Co. IL owned 0.06% of Sprott Physical Gold Trust worth $6,549,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Ameriflex Group Inc. grew its stake in Sprott Physical Gold Trust by 66.7% during the 2nd quarter. Ameriflex Group Inc. now owns 1,000 shares of the exchange traded fund’s stock valued at $25,000 after acquiring an additional 400 shares in the last quarter. Cheviot Value Management LLC purchased a new stake in Sprott Physical Gold Trust during the 1st quarter valued at about $30,000. Assetmark Inc. purchased a new stake in Sprott Physical Gold Trust during the 1st quarter valued at about $31,000. Hilltop National Bank purchased a new stake in Sprott Physical Gold Trust during the 2nd quarter valued at about $32,000. Finally, Continuum Advisory LLC grew its stake in Sprott Physical Gold Trust by 162.9% during the 1st quarter. Continuum Advisory LLC now owns 1,472 shares of the exchange traded fund’s stock valued at $35,000 after acquiring an additional 912 shares in the last quarter.

Sprott Physical Gold Trust Stock Up 1.0%

Shares of NYSEARCA PHYS opened at $30.70 on Monday. Sprott Physical Gold Trust has a 12-month low of $19.63 and a 12-month high of $31.10. The company has a 50-day moving average of $27.58 and a 200 day moving average of $26.03.

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.