Great Valley Advisor Group Inc. Sells 4,843 Shares of Sprott Physical Gold Trust (NYSEARCA:PHYS)

Great Valley Advisor Group Inc. lowered its position in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 4.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 114,773 shares of the exchange traded fund’s stock after selling 4,843 shares during the period. Great Valley Advisor Group Inc.’s holdings in Sprott Physical Gold Trust were worth $2,339,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in PHYS. Nwam LLC bought a new position in shares of Sprott Physical Gold Trust in the third quarter valued at approximately $1,260,000. Moors & Cabot Inc. lifted its holdings in shares of Sprott Physical Gold Trust by 3.0% in the third quarter. Moors & Cabot Inc. now owns 144,434 shares of the exchange traded fund’s stock valued at $2,944,000 after purchasing an additional 4,225 shares in the last quarter. Darwin Wealth Management LLC bought a new position in shares of Sprott Physical Gold Trust in the third quarter valued at approximately $345,000. First Horizon Advisors Inc. bought a new position in shares of Sprott Physical Gold Trust in the third quarter valued at approximately $54,000. Finally, Howe & Rusling Inc. increased its position in shares of Sprott Physical Gold Trust by 29.8% during the third quarter. Howe & Rusling Inc. now owns 13,888 shares of the exchange traded fund’s stock valued at $283,000 after acquiring an additional 3,185 shares during the last quarter.

Sprott Physical Gold Trust Stock Up 1.3 %

Shares of PHYS opened at $20.84 on Monday. The stock has a 50 day moving average of $20.64 and a 200 day moving average of $19.37. Sprott Physical Gold Trust has a 12 month low of $15.31 and a 12 month high of $21.70.

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.