EP Wealth Advisors LLC Sells 1,000 Shares of Sprott Physical Gold Trust (NYSEARCA:PHYS)

EP Wealth Advisors LLC decreased its stake in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 5.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 17,942 shares of the exchange traded fund’s stock after selling 1,000 shares during the period. EP Wealth Advisors LLC’s holdings in Sprott Physical Gold Trust were worth $310,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Latitude Advisors LLC increased its stake in shares of Sprott Physical Gold Trust by 2.2% in the first quarter. Latitude Advisors LLC now owns 27,571 shares of the exchange traded fund’s stock valued at $477,000 after buying an additional 600 shares during the period. Koshinski Asset Management Inc. grew its stake in Sprott Physical Gold Trust by 9.0% during the first quarter. Koshinski Asset Management Inc. now owns 16,975 shares of the exchange traded fund’s stock worth $294,000 after purchasing an additional 1,405 shares during the period. Brookstone Capital Management grew its stake in Sprott Physical Gold Trust by 2.7% during the first quarter. Brookstone Capital Management now owns 126,629 shares of the exchange traded fund’s stock worth $2,191,000 after purchasing an additional 3,298 shares during the period. Evermay Wealth Management LLC grew its stake in Sprott Physical Gold Trust by 567.7% during the first quarter. Evermay Wealth Management LLC now owns 3,906 shares of the exchange traded fund’s stock worth $68,000 after purchasing an additional 3,321 shares during the period. Finally, Larson Financial Group LLC grew its stake in Sprott Physical Gold Trust by 28.5% during the first quarter. Larson Financial Group LLC now owns 19,885 shares of the exchange traded fund’s stock worth $344,000 after purchasing an additional 4,410 shares during the period.

Sprott Physical Gold Trust Trading Up 1.1 %

NYSEARCA PHYS traded up $0.20 during trading hours on Friday, hitting $18.49. 1,489,833 shares of the company’s stock were exchanged, compared to its average volume of 1,946,095. Sprott Physical Gold Trust has a 1-year low of $14.00 and a 1-year high of $19.22. The stock has a 50-day simple moving average of $18.31 and a 200 day simple moving average of $17.34.

About Sprott Physical Gold Trust

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.