Stratos Wealth Advisors LLC trimmed its stake in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS – Get Rating) by 56.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 11,542 shares of the exchange traded fund's stock after selling 14,710 shares during the quarter. Stratos Wealth Advisors LLC's holdings in Sprott Physical Gold Trust were worth $163,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds have also made changes to their positions in PHYS. NewEdge Advisors LLC grew its holdings in Sprott Physical Gold Trust by 26.7% in the 2nd quarter. NewEdge Advisors LLC now owns 57,809 shares of the exchange traded fund's stock worth $820,000 after buying an additional 12,174 shares in the last quarter. Procyon Advisors LLC bought a new position in Sprott Physical Gold Trust in the 4th quarter worth approximately $752,000. IMC Chicago LLC grew its holdings in Sprott Physical Gold Trust by 1.3% in the 3rd quarter. IMC Chicago LLC now owns 61,795 shares of the exchange traded fund's stock worth $791,000 after buying an additional 803 shares in the last quarter. Keel Point LLC grew its holdings in Sprott Physical Gold Trust by 21.2% in the 4th quarter. Keel Point LLC now owns 48,129 shares of the exchange traded fund's stock worth $679,000 after buying an additional 8,428 shares in the last quarter. Finally, Straight Path Wealth Management grew its holdings in Sprott Physical Gold Trust by 2.2% in the 3rd quarter. Straight Path Wealth Management now owns 37,245 shares of the exchange traded fund's stock worth $477,000 after buying an additional 800 shares in the last quarter.
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Shares of PHYS stock opened at $15.46 on Friday. Sprott Physical Gold Trust has a 12-month low of $12.48 and a 12-month high of $15.78. The business has a 50 day simple moving average of $14.66 and a 200 day simple moving average of $13.90.
About Sprott Physical Gold Trust
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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.
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