DAVENPORT & Co LLC decreased its holdings in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS – Get Rating) by 5.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 66,353 shares of the exchange traded fund's stock after selling 3,713 shares during the period. DAVENPORT & Co LLC's holdings in Sprott Physical Gold Trust were worth $936,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also modified their holdings of the company. Goodman Advisory Group LLC acquired a new stake in shares of Sprott Physical Gold Trust in the 4th quarter worth approximately $43,000. Asset Dedication LLC acquired a new stake in shares of Sprott Physical Gold Trust in the 3rd quarter worth approximately $43,000. Missouri Trust & Investment Co grew its holdings in Sprott Physical Gold Trust by 111.9% during the 3rd quarter. Missouri Trust & Investment Co now owns 4,337 shares of the exchange traded fund's stock valued at $56,000 after buying an additional 2,290 shares during the last quarter. Credit Suisse AG acquired a new stake in Sprott Physical Gold Trust during the 2nd quarter valued at $66,000. Finally, Nelson Van Denburg & Campbell Wealth Management Group LLC grew its holdings in Sprott Physical Gold Trust by 25.0% during the 3rd quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC now owns 5,000 shares of the exchange traded fund's stock valued at $64,000 after buying an additional 1,000 shares during the last quarter.
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Shares of NYSEARCA:PHYS opened at $15.46 on Monday. The business's fifty day moving average price is $14.66 and its two-hundred day moving average price is $13.90. Sprott Physical Gold Trust has a one year low of $12.48 and a one year high of $15.78.
Sprott Physical Gold Trust Company Profile
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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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