Whittier Trust Co. Sells 11,709 Shares of Sprott Physical Gold Trust $PHYS

Whittier Trust Co. lessened its stake in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 24.3% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 36,463 shares of the exchange traded fund’s stock after selling 11,709 shares during the period. Whittier Trust Co.’s holdings in Sprott Physical Gold Trust were worth $924,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Royal Bank of Canada boosted its holdings in shares of Sprott Physical Gold Trust by 18.3% during the 1st quarter. Royal Bank of Canada now owns 7,917,978 shares of the exchange traded fund’s stock valued at $190,507,000 after purchasing an additional 1,225,695 shares during the last quarter. Pekin Hardy Strauss Inc. boosted its holdings in shares of Sprott Physical Gold Trust by 0.7% during the 1st quarter. Pekin Hardy Strauss Inc. now owns 4,226,558 shares of the exchange traded fund’s stock valued at $101,691,000 after purchasing an additional 29,770 shares during the last quarter. IMC Chicago LLC boosted its holdings in shares of Sprott Physical Gold Trust by 2,849.6% during the 2nd quarter. IMC Chicago LLC now owns 3,204,243 shares of the exchange traded fund’s stock valued at $81,228,000 after purchasing an additional 3,095,611 shares during the last quarter. Jupiter Asset Management Ltd. boosted its holdings in shares of Sprott Physical Gold Trust by 10.9% during the 1st quarter. Jupiter Asset Management Ltd. now owns 1,953,178 shares of the exchange traded fund’s stock valued at $47,062,000 after purchasing an additional 192,612 shares during the last quarter. Finally, SouthState Corp boosted its holdings in shares of Sprott Physical Gold Trust by 0.6% during the 1st quarter. SouthState Corp now owns 1,885,075 shares of the exchange traded fund’s stock valued at $45,355,000 after purchasing an additional 11,035 shares during the last quarter.

Sprott Physical Gold Trust Price Performance

PHYS opened at $31.17 on Friday. The firm has a 50-day simple moving average of $28.67 and a two-hundred day simple moving average of $26.50. Sprott Physical Gold Trust has a 52 week low of $19.63 and a 52 week high of $33.31.

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.