WIT Partners Advisory Pte. Ltd. Lowers Position in Sprott Physical Gold Trust $PHYS

WIT Partners Advisory Pte. Ltd. reduced its position in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 22.6% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 213,687 shares of the exchange traded fund’s stock after selling 62,500 shares during the period. Sprott Physical Gold Trust accounts for about 2.4% of WIT Partners Advisory Pte. Ltd.’s portfolio, making the stock its 4th largest position. WIT Partners Advisory Pte. Ltd.’s holdings in Sprott Physical Gold Trust were worth $6,806,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the company. Fiduciary Alliance LLC boosted its holdings in shares of Sprott Physical Gold Trust by 4.4% in the 4th quarter. Fiduciary Alliance LLC now owns 7,195 shares of the exchange traded fund’s stock valued at $238,000 after buying an additional 300 shares in the last quarter. Latitude Advisors LLC boosted its holdings in shares of Sprott Physical Gold Trust by 1.0% in the 4th quarter. Latitude Advisors LLC now owns 30,540 shares of the exchange traded fund’s stock valued at $1,008,000 after buying an additional 300 shares in the last quarter. Stratos Wealth Advisors LLC boosted its holdings in shares of Sprott Physical Gold Trust by 2.1% in the 3rd quarter. Stratos Wealth Advisors LLC now owns 18,866 shares of the exchange traded fund’s stock valued at $559,000 after buying an additional 392 shares in the last quarter. U.S. Capital Wealth Advisors LLC boosted its holdings in shares of Sprott Physical Gold Trust by 1.4% in the 3rd quarter. U.S. Capital Wealth Advisors LLC now owns 28,021 shares of the exchange traded fund’s stock valued at $830,000 after buying an additional 400 shares in the last quarter. Finally, Euro Pacific Asset Management LLC boosted its stake in Sprott Physical Gold Trust by 0.9% in the 4th quarter. Euro Pacific Asset Management LLC now owns 48,180 shares of the exchange traded fund’s stock worth $1,591,000 after purchasing an additional 408 shares in the last quarter.

Sprott Physical Gold Trust Trading Down 3.0%

PHYS stock opened at $35.44 on Wednesday. The firm has a 50 day moving average of $37.01 and a 200 day moving average of $34.54. Sprott Physical Gold Trust has a 52 week low of $24.07 and a 52 week high of $42.07.

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.