Intrua Financial LLC Cuts Stock Holdings in Sprott Physical Gold Trust $PHYS

Intrua Financial LLC lowered its position in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 77.3% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 17,792 shares of the exchange traded fund’s stock after selling 60,617 shares during the quarter. Intrua Financial LLC’s holdings in Sprott Physical Gold Trust were worth $631,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in PHYS. Heritage Wealth Advisors acquired a new stake in shares of Sprott Physical Gold Trust in the fourth quarter worth approximately $169,676,000. CENTRAL TRUST Co raised its stake in Sprott Physical Gold Trust by 26.3% in the 1st quarter. CENTRAL TRUST Co now owns 5,542,655 shares of the exchange traded fund’s stock valued at $196,432,000 after purchasing an additional 1,154,326 shares during the last quarter. 3EDGE Asset Management LP purchased a new position in Sprott Physical Gold Trust in the 4th quarter valued at $31,652,000. Royal Bank of Canada lifted its holdings in Sprott Physical Gold Trust by 8.2% in the 4th quarter. Royal Bank of Canada now owns 9,516,053 shares of the exchange traded fund’s stock valued at $314,220,000 after purchasing an additional 724,321 shares in the last quarter. Finally, Jane Street Group LLC boosted its stake in Sprott Physical Gold Trust by 65.8% during the 2nd quarter. Jane Street Group LLC now owns 1,618,276 shares of the exchange traded fund’s stock worth $41,023,000 after purchasing an additional 642,224 shares during the last quarter.

Sprott Physical Gold Trust Stock Down 0.3%

Sprott Physical Gold Trust stock opened at $30.17 on Wednesday. Sprott Physical Gold Trust has a 52-week low of $25.00 and a 52-week high of $42.07. The company has a fifty day simple moving average of $33.60 and a 200-day simple moving average of $35.30.

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.