Sprott Physical Gold Trust (NYSEARCA:PHYS) Shares Sold by Ausdal Financial Partners Inc.

Ausdal Financial Partners Inc. decreased its position in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 4.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 169,469 shares of the exchange traded fund’s stock after selling 8,550 shares during the period. Ausdal Financial Partners Inc.’s holdings in Sprott Physical Gold Trust were worth $3,061,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Ndwm LLC increased its position in shares of Sprott Physical Gold Trust by 34.7% during the first quarter. Ndwm LLC now owns 19,065 shares of the exchange traded fund’s stock worth $330,000 after acquiring an additional 4,911 shares during the last quarter. Private Advisor Group LLC increased its holdings in Sprott Physical Gold Trust by 88.8% during the 1st quarter. Private Advisor Group LLC now owns 777,048 shares of the exchange traded fund’s stock worth $13,443,000 after purchasing an additional 365,371 shares during the last quarter. Headlands Technologies LLC acquired a new position in shares of Sprott Physical Gold Trust in the 1st quarter valued at approximately $281,000. Raymond James & Associates boosted its stake in shares of Sprott Physical Gold Trust by 32.8% during the 2nd quarter. Raymond James & Associates now owns 924,659 shares of the exchange traded fund’s stock valued at $16,699,000 after buying an additional 228,541 shares during the last quarter. Finally, Concourse Financial Group Securities Inc. grew its position in shares of Sprott Physical Gold Trust by 69.3% during the second quarter. Concourse Financial Group Securities Inc. now owns 6,278 shares of the exchange traded fund’s stock worth $113,000 after buying an additional 2,570 shares in the last quarter.

Sprott Physical Gold Trust Stock Down 0.8 %

Shares of NYSEARCA:PHYS traded down $0.16 during midday trading on Friday, reaching $19.43. The company had a trading volume of 2,234,045 shares, compared to its average volume of 2,039,615. The stock’s fifty day moving average price is $18.93 and its 200-day moving average price is $18.10. Sprott Physical Gold Trust has a one year low of $14.00 and a one year high of $19.67.

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.