Vise Technologies Inc. decreased its holdings in Sprott Physical Gold Trust (NYSEARCA:PHYS – Free Report) by 77.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,682 shares of the exchange traded fund’s stock after selling 76,626 shares during the quarter. Vise Technologies Inc.’s holdings in Sprott Physical Gold Trust were worth $709,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in PHYS. Balance Wealth Partners LLC acquired a new stake in shares of Sprott Physical Gold Trust in the third quarter worth approximately $27,000. Toth Financial Advisory Corp purchased a new stake in Sprott Physical Gold Trust in the third quarter valued at approximately $28,000. Mather Group LLC. purchased a new stake in Sprott Physical Gold Trust in the third quarter valued at approximately $28,000. Center for Financial Planning Inc. acquired a new position in Sprott Physical Gold Trust during the third quarter worth approximately $36,000. Finally, Scarborough Advisors LLC increased its position in Sprott Physical Gold Trust by 2,202.0% during the first quarter. Scarborough Advisors LLC now owns 1,151 shares of the exchange traded fund’s stock worth $41,000 after purchasing an additional 1,101 shares during the last quarter.
Sprott Physical Gold Trust Stock Down 2.6%
Shares of PHYS stock opened at $30.47 on Wednesday. Sprott Physical Gold Trust has a one year low of $29.27 and a one year high of $42.07. The company has a 50 day moving average price of $31.60 and a 200 day moving average price of $33.86.
About Sprott Physical Gold Trust
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. The company was founded on August 28, 2009 and is headquartered in Toronto, Canada.
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