38,073 Sprott Physical Gold Trust $PHYS Shares Sold by Investors Asset Management of Georgia Inc. GA ADV

Investors Asset Management of Georgia Inc. GA ADV cut its position in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 79.2% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 10,000 shares of the exchange traded fund’s stock after selling 38,073 shares during the period. Investors Asset Management of Georgia Inc. GA ADV’s holdings in Sprott Physical Gold Trust were worth $313,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in PHYS. CENTRAL TRUST Co grew its holdings in shares of Sprott Physical Gold Trust by 26.3% in the 1st quarter. CENTRAL TRUST Co now owns 5,542,655 shares of the exchange traded fund’s stock valued at $196,432,000 after buying an additional 1,154,326 shares during the period. Evanson Financial LLC bought a new stake in shares of Sprott Physical Gold Trust in the 2nd quarter valued at $108,576,000. IMC Chicago LLC raised its stake in Sprott Physical Gold Trust by 494.3% during the 1st quarter. IMC Chicago LLC now owns 2,449,218 shares of the exchange traded fund’s stock worth $86,800,000 after buying an additional 2,037,133 shares during the period. Cetera Investment Advisers raised its stake in Sprott Physical Gold Trust by 5.6% during the 1st quarter. Cetera Investment Advisers now owns 1,726,789 shares of the exchange traded fund’s stock worth $61,197,000 after buying an additional 91,695 shares during the period. Finally, WIT Partners Advisory Pte. Ltd. raised its stake in Sprott Physical Gold Trust by 48.9% during the 2nd quarter. WIT Partners Advisory Pte. Ltd. now owns 1,401,170 shares of the exchange traded fund’s stock worth $42,273,000 after buying an additional 459,950 shares during the period.

Sprott Physical Gold Trust Stock Performance

PHYS stock traded down $0.15 during midday trading on Tuesday, hitting $31.11. 1,372,749 shares of the company’s stock were exchanged, compared to its average volume of 5,213,403. The stock’s fifty day moving average price is $32.74 and its 200-day moving average price is $32.98. Sprott Physical Gold Trust has a one year low of $29.30 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.