Sprott Physical Gold Trust $PHYS Stock: O Brien Greene & Co. Inc Lowers Position

O Brien Greene & Co. Inc cut its stake in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 2.8% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 574,326 shares of the exchange traded fund’s stock after selling 16,812 shares during the period. Sprott Physical Gold Trust comprises about 5.2% of O Brien Greene & Co. Inc’s investment portfolio, making the stock its 4th biggest position. O Brien Greene & Co. Inc owned approximately 0.12% of Sprott Physical Gold Trust worth $17,959,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Philadelphia Trust Co. increased its position in Sprott Physical Gold Trust by 0.3% in the third quarter. Philadelphia Trust Co. now owns 304,674 shares of the exchange traded fund’s stock worth $9,527,000 after buying an additional 807 shares in the last quarter. Lido Advisors LLC bought a new position in shares of Sprott Physical Gold Trust in the third quarter worth about $1,167,000. Keybank National Association OH purchased a new position in shares of Sprott Physical Gold Trust during the 3rd quarter valued at about $1,911,000. AlphaCore Capital LLC purchased a new position in shares of Sprott Physical Gold Trust during the 3rd quarter valued at about $205,000. Finally, Euro Pacific Asset Management LLC lifted its position in shares of Sprott Physical Gold Trust by 1.8% during the 3rd quarter. Euro Pacific Asset Management LLC now owns 47,495 shares of the exchange traded fund’s stock valued at $1,485,000 after buying an additional 840 shares in the last quarter.

Sprott Physical Gold Trust Trading Down 2.6%

Shares of NYSEARCA:PHYS opened at $30.47 on Wednesday. The stock has a 50 day moving average of $31.60 and a 200 day moving average of $33.86. Sprott Physical Gold Trust has a 12-month low of $29.27 and a 12-month high of $42.07.

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. The company was founded on August 28, 2009 and is headquartered in Toronto, Canada.