Fidelis Capital Partners LLC Sells 9,365 Shares of Sprott Physical Gold Trust $PHYS

Fidelis Capital Partners LLC trimmed its stake in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 1.7% during the second quarter, Holdings Channel reports. The fund owned 543,915 shares of the exchange traded fund’s stock after selling 9,365 shares during the quarter. Sprott Physical Gold Trust accounts for 1.3% of Fidelis Capital Partners LLC’s holdings, making the stock its 19th largest position. Fidelis Capital Partners LLC’s holdings in Sprott Physical Gold Trust were worth $14,066,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Midwest Trust Co bought a new stake in Sprott Physical Gold Trust during the second quarter worth approximately $425,000. Sound View Wealth Advisors Group LLC raised its position in shares of Sprott Physical Gold Trust by 6.2% in the second quarter. Sound View Wealth Advisors Group LLC now owns 18,741 shares of the exchange traded fund’s stock valued at $475,000 after purchasing an additional 1,094 shares during the period. Parkside Financial Bank & Trust lifted its stake in shares of Sprott Physical Gold Trust by 36.4% in the second quarter. Parkside Financial Bank & Trust now owns 1,500 shares of the exchange traded fund’s stock worth $38,000 after buying an additional 400 shares during the last quarter. Prospera Financial Services Inc boosted its holdings in shares of Sprott Physical Gold Trust by 49.9% during the 2nd quarter. Prospera Financial Services Inc now owns 482,843 shares of the exchange traded fund’s stock worth $12,240,000 after buying an additional 160,832 shares during the period. Finally, Legacy Investment Solutions LLC acquired a new position in Sprott Physical Gold Trust in the 2nd quarter valued at $36,000.

Sprott Physical Gold Trust Trading Up 0.8%

Shares of PHYS opened at $30.42 on Monday. Sprott Physical Gold Trust has a one year low of $19.63 and a one year high of $33.31. The company’s fifty day moving average price is $29.62 and its 200 day moving average price is $26.97.

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.