Sprott Physical Gold Trust (NYSEARCA:PHYS) Shares Sold by Creative Planning

Creative Planning lowered its holdings in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 23.5% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 12,994 shares of the exchange traded fund’s stock after selling 4,000 shares during the quarter. Creative Planning’s holdings in Sprott Physical Gold Trust were worth $154,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Wells Fargo & Company MN boosted its holdings in shares of Sprott Physical Gold Trust by 23.4% in the second quarter. Wells Fargo & Company MN now owns 1,134,276 shares of the exchange traded fund’s stock worth $12,851,000 after buying an additional 215,141 shares during the period. Almanack Investment Partners LLC. acquired a new stake in shares of Sprott Physical Gold Trust during the second quarter worth approximately $102,000. NEXT Financial Group Inc acquired a new stake in shares of Sprott Physical Gold Trust during the second quarter worth approximately $254,000. Financial Advisory Service Inc. acquired a new stake in shares of Sprott Physical Gold Trust during the second quarter worth approximately $119,000. Finally, Sprott Inc. boosted its holdings in shares of Sprott Physical Gold Trust by 17.6% during the second quarter. Sprott Inc. now owns 90,070 shares of the exchange traded fund’s stock worth $1,020,000 after purchasing an additional 13,460 shares during the period.

PHYS stock opened at $11.82 on Tuesday. The firm has a 50 day simple moving average of $11.96 and a 200 day simple moving average of $11.47. Sprott Physical Gold Trust has a 52 week low of $9.72 and a 52 week high of $12.49.

Sprott Physical Gold Trust Profile

Sprott Physical Gold Trust is a closed end investment trust, which engages in the investments and holding substantially all of its assets in physical gold bullion. Its objective is to provides a secure, convenient, and exchange-traded investment alternative for investors. The company was founded on August 28, 2009 and is headquartered in Toronto, Canada.

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Institutional Ownership by Quarter for Sprott Physical Gold Trust (NYSEARCA:PHYS)

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