Fiduciary Trust Co Sells 1,835 Shares of Sprott Physical Gold Trust (NYSEARCA:PHYS)

Fiduciary Trust Co lessened its position in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 2.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 82,720 shares of the exchange traded fund’s stock after selling 1,835 shares during the period. Fiduciary Trust Co’s holdings in Sprott Physical Gold Trust were worth $1,686,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in PHYS. Straight Path Wealth Management lifted its position in Sprott Physical Gold Trust by 1.5% during the third quarter. Straight Path Wealth Management now owns 34,950 shares of the exchange traded fund’s stock valued at $712,000 after purchasing an additional 500 shares during the period. Islay Capital Management LLC grew its holdings in shares of Sprott Physical Gold Trust by 1.4% in the third quarter. Islay Capital Management LLC now owns 41,161 shares of the exchange traded fund’s stock worth $839,000 after acquiring an additional 550 shares during the period. Concourse Financial Group Securities Inc. increased its position in Sprott Physical Gold Trust by 9.8% during the third quarter. Concourse Financial Group Securities Inc. now owns 6,893 shares of the exchange traded fund’s stock valued at $140,000 after acquiring an additional 615 shares during the last quarter. Tompkins Financial Corp lifted its holdings in Sprott Physical Gold Trust by 1.6% in the third quarter. Tompkins Financial Corp now owns 43,700 shares of the exchange traded fund’s stock valued at $891,000 after acquiring an additional 700 shares during the period. Finally, BSW Wealth Partners boosted its position in Sprott Physical Gold Trust by 3.1% in the third quarter. BSW Wealth Partners now owns 23,327 shares of the exchange traded fund’s stock worth $475,000 after purchasing an additional 703 shares during the last quarter.

Sprott Physical Gold Trust Stock Up 1.0 %

NYSEARCA PHYS opened at $20.46 on Friday. The company has a 50-day moving average price of $20.65 and a 200-day moving average price of $19.41. Sprott Physical Gold Trust has a 52 week low of $15.31 and a 52 week high of $21.70.

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.