Wealthcare Capital Management LLC Has $18.40 Million Holdings in Sprott Physical Gold Trust $PHYS

Wealthcare Capital Management LLC reduced its holdings in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 42.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 621,310 shares of the exchange traded fund’s stock after selling 456,647 shares during the period. Sprott Physical Gold Trust makes up about 1.9% of Wealthcare Capital Management LLC’s investment portfolio, making the stock its 7th biggest position. Wealthcare Capital Management LLC owned approximately 0.13% of Sprott Physical Gold Trust worth $18,403,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Stratos Wealth Advisors LLC lifted its stake in shares of Sprott Physical Gold Trust by 2.1% in the 3rd quarter. Stratos Wealth Advisors LLC now owns 18,866 shares of the exchange traded fund’s stock valued at $559,000 after purchasing an additional 392 shares during the period. Parkside Financial Bank & Trust increased its holdings in Sprott Physical Gold Trust by 36.4% in the second quarter. Parkside Financial Bank & Trust now owns 1,500 shares of the exchange traded fund’s stock valued at $38,000 after purchasing an additional 400 shares during the last quarter. U.S. Capital Wealth Advisors LLC lifted its stake in Sprott Physical Gold Trust by 1.4% in the third quarter. U.S. Capital Wealth Advisors LLC now owns 28,021 shares of the exchange traded fund’s stock valued at $830,000 after buying an additional 400 shares during the period. Latitude Advisors LLC boosted its holdings in Sprott Physical Gold Trust by 1.3% during the third quarter. Latitude Advisors LLC now owns 30,240 shares of the exchange traded fund’s stock worth $896,000 after buying an additional 400 shares during the last quarter. Finally, J2 Capital Management Inc boosted its holdings in Sprott Physical Gold Trust by 1.5% during the third quarter. J2 Capital Management Inc now owns 29,009 shares of the exchange traded fund’s stock worth $859,000 after buying an additional 438 shares during the last quarter.

Sprott Physical Gold Trust Stock Up 2.1%

Shares of PHYS stock opened at $37.82 on Tuesday. The stock has a 50-day moving average of $35.38 and a 200-day moving average of $31.39. Sprott Physical Gold Trust has a one year low of $21.96 and a one year high of $42.07.

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. The company was founded on August 28, 2009 and is headquartered in Toronto, Canada.