Sprott Physical Gold Trust $PHYS Shares Sold by Blair William & Co. IL

Blair William & Co. IL trimmed its position in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 13.9% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 258,356 shares of the exchange traded fund’s stock after selling 41,849 shares during the period. Blair William & Co. IL’s holdings in Sprott Physical Gold Trust were worth $6,549,000 at the end of the most recent quarter.

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

Sprott Physical Gold Trust Stock Performance

Shares of PHYS stock opened at $30.70 on Monday. The firm’s 50 day moving average price is $27.58 and its 200-day moving average price is $26.03. Sprott Physical Gold Trust has a one year low of $19.63 and a one year high of $31.10.

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.