SeaCrest Wealth Management LLC Trims Stake in Sprott Physical Gold Trust (NYSEARCA:PHYS)

SeaCrest Wealth Management LLC lowered its position in Sprott Physical Gold Trust (NYSEARCA:PHYSFree Report) by 4.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 49,627 shares of the exchange traded fund’s stock after selling 2,555 shares during the period. SeaCrest Wealth Management LLC’s holdings in Sprott Physical Gold Trust were worth $1,011,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also modified their holdings of the company. Banque Cantonale Vaudoise purchased a new position in Sprott Physical Gold Trust in the 2nd quarter worth about $36,000. Sunbelt Securities Inc. purchased a new position in shares of Sprott Physical Gold Trust during the second quarter worth approximately $51,000. 1620 Investment Advisors Inc. bought a new stake in shares of Sprott Physical Gold Trust during the second quarter valued at approximately $55,000. Evermay Wealth Management LLC boosted its holdings in shares of Sprott Physical Gold Trust by 567.7% in the first quarter. Evermay Wealth Management LLC now owns 3,906 shares of the exchange traded fund’s stock valued at $68,000 after purchasing an additional 3,321 shares during the period. Finally, St. Johns Investment Management Company LLC bought a new position in Sprott Physical Gold Trust in the first quarter worth approximately $104,000.

Sprott Physical Gold Trust Stock Performance

PHYS opened at $20.78 on Thursday. The stock’s fifty day moving average is $19.90 and its two-hundred day moving average is $18.84. Sprott Physical Gold Trust has a 52 week low of $14.88 and a 52 week high of $20.86.

Sprott Physical Gold Trust Company Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Sprott Physical Gold Trust (NYSEARCA:PHYS)

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