NewEdge Wealth LLC Sells 1,195 Shares of Sprott Physical Gold Trust (NYSEARCA:PHYS)

NewEdge Wealth LLC lessened its position in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 0.5% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 226,440 shares of the exchange traded fund’s stock after selling 1,195 shares during the period. NewEdge Wealth LLC’s holdings in Sprott Physical Gold Trust were worth $4,561,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the company. Pekin Hardy Strauss Inc. increased its stake in Sprott Physical Gold Trust by 3.6% in the fourth quarter. Pekin Hardy Strauss Inc. now owns 4,196,788 shares of the exchange traded fund’s stock valued at $84,523,000 after purchasing an additional 144,824 shares in the last quarter. Captrust Financial Advisors increased its position in shares of Sprott Physical Gold Trust by 13.9% during the third quarter. Captrust Financial Advisors now owns 2,277,485 shares of the exchange traded fund’s stock worth $46,415,000 after acquiring an additional 277,117 shares in the last quarter. Sprott Inc. increased its position in shares of Sprott Physical Gold Trust by 14.9% during the fourth quarter. Sprott Inc. now owns 2,087,486 shares of the exchange traded fund’s stock worth $42,043,000 after acquiring an additional 270,064 shares in the last quarter. IMC Chicago LLC increased its position in shares of Sprott Physical Gold Trust by 5,078.7% during the fourth quarter. IMC Chicago LLC now owns 2,025,763 shares of the exchange traded fund’s stock worth $40,799,000 after acquiring an additional 1,986,646 shares in the last quarter. Finally, Matauro LLC bought a new stake in shares of Sprott Physical Gold Trust during the fourth quarter worth $40,017,000.

Sprott Physical Gold Trust Price Performance

Shares of PHYS stock opened at $22.31 on Friday. The firm has a fifty day moving average of $21.35 and a 200-day moving average of $20.64. Sprott Physical Gold Trust has a 12-month low of $15.64 and a 12-month high of $22.91.

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.