Sprott Physical Gold Trust $PHYS Shares Sold by St. James Investment Company LLC

St. James Investment Company LLC lowered its stake in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 1.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 87,465 shares of the exchange traded fund’s stock after selling 1,680 shares during the period. Sprott Physical Gold Trust comprises 0.4% of St. James Investment Company LLC’s investment portfolio, making the stock its 27th biggest position. St. James Investment Company LLC’s holdings in Sprott Physical Gold Trust were worth $2,217,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of PHYS. Continuum Advisory LLC raised its position in Sprott Physical Gold Trust by 162.9% in the 1st quarter. Continuum Advisory LLC now owns 1,472 shares of the exchange traded fund’s stock valued at $35,000 after purchasing an additional 912 shares in the last quarter. Oppenheimer & Co. Inc. raised its position in shares of Sprott Physical Gold Trust by 2.6% during the 1st quarter. Oppenheimer & Co. Inc. now owns 166,541 shares of the exchange traded fund’s stock worth $4,007,000 after acquiring an additional 4,295 shares in the last quarter. Proactive Wealth Strategies LLC acquired a new stake in shares of Sprott Physical Gold Trust during the 1st quarter worth about $2,668,000. E&G Advisors LP raised its position in shares of Sprott Physical Gold Trust by 1.7% during the 1st quarter. E&G Advisors LP now owns 74,961 shares of the exchange traded fund’s stock worth $1,804,000 after acquiring an additional 1,230 shares in the last quarter. Finally, Spire Wealth Management raised its position in shares of Sprott Physical Gold Trust by 12.1% during the 1st quarter. Spire Wealth Management now owns 126,211 shares of the exchange traded fund’s stock worth $3,037,000 after acquiring an additional 13,618 shares in the last quarter.

Sprott Physical Gold Trust Price Performance

Shares of NYSEARCA PHYS opened at $31.01 on Wednesday. Sprott Physical Gold Trust has a fifty-two week low of $19.63 and a fifty-two week high of $33.31. The stock’s 50-day simple moving average is $28.45 and its 200-day simple moving average is $26.42.

Sprott Physical Gold Trust 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.