Wealthcare Advisory Partners LLC Cuts Position in Sprott Physical Gold Trust (NYSEARCA:PHYS)

Wealthcare Advisory Partners LLC reduced its holdings in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 3.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 123,431 shares of the exchange traded fund’s stock after selling 3,923 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in Sprott Physical Gold Trust were worth $2,486,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in PHYS. International Assets Investment Management LLC lifted its position in Sprott Physical Gold Trust by 2,471.9% during the 3rd quarter. International Assets Investment Management LLC now owns 2,859,518 shares of the exchange traded fund’s stock worth $58,277,000 after acquiring an additional 2,748,335 shares in the last quarter. Raymond James & Associates raised its stake in shares of Sprott Physical Gold Trust by 73.3% during the third quarter. Raymond James & Associates now owns 1,602,282 shares of the exchange traded fund’s stock valued at $32,655,000 after purchasing an additional 677,623 shares during the period. Sanctuary Advisors LLC acquired a new position in shares of Sprott Physical Gold Trust during the second quarter worth $9,884,000. Envestnet Asset Management Inc. boosted its stake in shares of Sprott Physical Gold Trust by 28.8% in the second quarter. Envestnet Asset Management Inc. now owns 1,615,548 shares of the exchange traded fund’s stock valued at $29,177,000 after purchasing an additional 361,514 shares during the period. Finally, Captrust Financial Advisors grew its holdings in Sprott Physical Gold Trust by 13.9% during the 3rd quarter. Captrust Financial Advisors now owns 2,277,485 shares of the exchange traded fund’s stock valued at $46,415,000 after purchasing an additional 277,117 shares in the last quarter.

Sprott Physical Gold Trust Stock Down 0.4 %

Sprott Physical Gold Trust stock opened at $20.87 on Friday. Sprott Physical Gold Trust has a 12-month low of $15.31 and a 12-month high of $21.70. The firm’s fifty day moving average price is $20.32 and its 200 day moving average price is $19.96.

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.