Hengehold Capital Management LLC lowered its position in Sprott Physical Gold Trust (NYSEARCA:PHYS – Free Report) by 9.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 44,995 shares of the exchange traded fund’s stock after selling 4,690 shares during the quarter. Hengehold Capital Management LLC’s holdings in Sprott Physical Gold Trust were worth $906,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in PHYS. Straight Path Wealth Management boosted its holdings in Sprott Physical Gold Trust by 1.5% in 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 last quarter. Wealth Alliance Advisory Group LLC raised its position in shares of Sprott Physical Gold Trust by 4.3% in the 4th quarter. Wealth Alliance Advisory Group LLC now owns 12,089 shares of the exchange traded fund’s stock valued at $243,000 after purchasing an additional 500 shares in the last quarter. Islay Capital Management LLC boosted its stake in shares of Sprott Physical Gold Trust by 1.4% during the 3rd quarter. Islay Capital Management LLC now owns 41,161 shares of the exchange traded fund’s stock valued at $839,000 after buying an additional 550 shares during the last quarter. Avior Wealth Management LLC grew its position in shares of Sprott Physical Gold Trust by 12.0% during the fourth quarter. Avior Wealth Management LLC now owns 5,700 shares of the exchange traded fund’s stock worth $115,000 after buying an additional 610 shares in the last quarter. Finally, Concourse Financial Group Securities Inc. increased its stake in shares of Sprott Physical Gold Trust by 9.8% in the third quarter. Concourse Financial Group Securities Inc. now owns 6,893 shares of the exchange traded fund’s stock worth $140,000 after buying an additional 615 shares during the last quarter.
Sprott Physical Gold Trust Stock Down 0.0 %
PHYS opened at $21.29 on Friday. Sprott Physical Gold Trust has a 12-month low of $15.31 and a 12-month high of $21.70. The firm’s fifty day moving average price is $20.42 and its 200 day moving average price is $20.04.
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.
Recommended Stories
- Five stocks we like better than Sprott Physical Gold Trust
- How to Capture the Benefits of Dividend Increases
- Procter & Gamble Proves It’s No Gamble: Uptrend Remains Strong
- Expert Stock Trading Psychology Tips
- Should You Buy the Oil Dip? Top Energy Stocks to Hold Now
- The Basics of Support and Resistance
- Market Momentum: 3 Stocks Poised for Significant Breakouts
Want to see what other hedge funds are holding PHYS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Sprott Physical Gold Trust (NYSEARCA:PHYS – Free Report).
Receive News & Ratings for Sprott Physical Gold Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sprott Physical Gold Trust and related companies with MarketBeat.com's FREE daily email newsletter.