Sprott Physical Gold Trust (NYSEARCA:PHYS) Holdings Lowered by Euro Pacific Asset Management LLC

Euro Pacific Asset Management LLC decreased its stake in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 9.9% in the third quarter, HoldingsChannel reports. The firm owned 43,608 shares of the exchange traded fund’s stock after selling 4,772 shares during the period. Euro Pacific Asset Management LLC’s holdings in Sprott Physical Gold Trust were worth $856,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. International Assets Investment Management LLC grew its position 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 worth $58,277,000 after purchasing an additional 2,748,335 shares in the last quarter. Cambridge Investment Research Advisors Inc. boosted its position in shares of Sprott Physical Gold Trust by 29.6% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 2,271,370 shares of the exchange traded fund’s stock worth $41,021,000 after buying an additional 518,649 shares during the period. Bluefin Capital Management LLC grew its holdings in shares of Sprott Physical Gold Trust by 478.6% during the first quarter. Bluefin Capital Management LLC now owns 2,023,920 shares of the exchange traded fund’s stock valued at $35,014,000 after buying an additional 1,674,108 shares in the last quarter. Captrust Financial Advisors raised its position in Sprott Physical Gold Trust by 4.1% during the first quarter. Captrust Financial Advisors now owns 1,823,029 shares of the exchange traded fund’s stock valued at $31,538,000 after buying an additional 71,602 shares during the period. Finally, Commonwealth Equity Services LLC lifted its stake in Sprott Physical Gold Trust by 16.1% in the 2nd quarter. Commonwealth Equity Services LLC now owns 1,777,810 shares of the exchange traded fund’s stock worth $32,107,000 after acquiring an additional 247,138 shares in the last quarter.

Sprott Physical Gold Trust Stock Performance

Shares of NYSEARCA PHYS opened at $19.66 on Friday. Sprott Physical Gold Trust has a one year low of $15.31 and a one year high of $21.70. The business has a 50-day moving average price of $20.56 and a two-hundred day moving average price of $19.26.

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.