Sprott Physical Gold Trust $PHYS Shares Sold by Freedom Investment Management Inc.

Freedom Investment Management Inc. lessened its stake in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 21.6% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 35,023 shares of the exchange traded fund’s stock after selling 9,644 shares during the period. Freedom Investment Management Inc.’s holdings in Sprott Physical Gold Trust were worth $888,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Avidian Wealth Enterprises LLC increased its holdings in Sprott Physical Gold Trust by 0.8% in the 2nd quarter. Avidian Wealth Enterprises LLC now owns 92,454 shares of the exchange traded fund’s stock valued at $2,344,000 after purchasing an additional 772 shares during the last quarter. Evermay Wealth Management LLC increased its holdings in Sprott Physical Gold Trust by 11.3% in the 2nd quarter. Evermay Wealth Management LLC now owns 4,347 shares of the exchange traded fund’s stock valued at $110,000 after purchasing an additional 441 shares during the last quarter. International Assets Investment Management LLC increased its holdings in Sprott Physical Gold Trust by 12.2% in the 2nd quarter. International Assets Investment Management LLC now owns 12,426 shares of the exchange traded fund’s stock valued at $315,000 after purchasing an additional 1,350 shares during the last quarter. Tradewinds Capital Management LLC increased its holdings in Sprott Physical Gold Trust by 59.8% in the 2nd quarter. Tradewinds Capital Management LLC now owns 1,088 shares of the exchange traded fund’s stock valued at $28,000 after purchasing an additional 407 shares during the last quarter. Finally, Stratos Wealth Partners LTD. increased its holdings in Sprott Physical Gold Trust by 0.3% in the 2nd quarter. Stratos Wealth Partners LTD. now owns 160,105 shares of the exchange traded fund’s stock valued at $4,059,000 after purchasing an additional 428 shares during the last quarter.

Sprott Physical Gold Trust Trading Down 0.4%

Sprott Physical Gold Trust stock opened at $31.06 on Friday. Sprott Physical Gold Trust has a fifty-two week low of $19.63 and a fifty-two week high of $33.31. The firm has a 50 day moving average price of $28.77 and a 200 day moving average price of $26.56.

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.