Sprott Physical Gold Trust $PHYS Shares Sold by Evanson Financial LLC

Evanson Financial LLC decreased its stake in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 7.9% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,314,044 shares of the exchange traded fund’s stock after selling 284,748 shares during the quarter. Sprott Physical Gold Trust comprises about 5.2% of Evanson Financial LLC’s portfolio, making the stock its 3rd biggest holding. Evanson Financial LLC’s holdings in Sprott Physical Gold Trust were worth $103,630,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Money Concepts Capital Corp increased its holdings in Sprott Physical Gold Trust by 10.0% during the first quarter. Money Concepts Capital Corp now owns 276,345 shares of the exchange traded fund’s stock worth $9,794,000 after buying an additional 25,056 shares during the last quarter. Citadel Advisors LLC acquired a new stake in Sprott Physical Gold Trust in the second quarter valued at $592,000. Tidal Investments LLC lifted its stake in Sprott Physical Gold Trust by 70.5% in the second quarter. Tidal Investments LLC now owns 774,770 shares of the exchange traded fund’s stock valued at $23,375,000 after acquiring an additional 320,296 shares during the last quarter. Compass Financial Management LLC acquired a new stake in Sprott Physical Gold Trust in the second quarter valued at $1,161,000. Finally, Highland Investment Advisors LLC bought a new position in shares of Sprott Physical Gold Trust in the 2nd quarter valued at about $660,000.

Sprott Physical Gold Trust Price Performance

Shares of PHYS opened at $30.20 on Friday. The firm has a 50-day moving average of $32.54 and a 200-day moving average of $32.86. 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.