Sprott Physical Gold Trust $PHYS Shares Sold by AE Wealth Management LLC

AE Wealth Management LLC trimmed its holdings in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 13.1% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 54,706 shares of the exchange traded fund’s stock after selling 8,234 shares during the quarter. AE Wealth Management LLC’s holdings in Sprott Physical Gold Trust were worth $1,387,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Royal Bank of Canada boosted its holdings in Sprott Physical Gold Trust by 18.3% during the 1st quarter. Royal Bank of Canada now owns 7,917,978 shares of the exchange traded fund’s stock valued at $190,507,000 after acquiring an additional 1,225,695 shares during the period. Pekin Hardy Strauss Inc. grew its stake in shares of Sprott Physical Gold Trust by 2.0% during the second quarter. Pekin Hardy Strauss Inc. now owns 4,310,858 shares of the exchange traded fund’s stock worth $109,280,000 after purchasing an additional 84,300 shares in the last quarter. IMC Chicago LLC boosted its position in shares of Sprott Physical Gold Trust by 2,849.6% during the 2nd quarter. IMC Chicago LLC now owns 3,204,243 shares of the exchange traded fund’s stock worth $81,228,000 after acquiring an additional 3,095,611 shares in the last quarter. Jupiter Asset Management Ltd. lifted its stake in Sprott Physical Gold Trust by 10.9% during the first quarter. Jupiter Asset Management Ltd. now owns 1,953,178 shares of the exchange traded fund’s stock worth $47,062,000 after purchasing an additional 192,612 shares during the last quarter. Finally, SouthState Corp grew its position in shares of Sprott Physical Gold Trust by 0.6% in the 1st quarter. SouthState Corp now owns 1,885,075 shares of the exchange traded fund’s stock valued at $45,355,000 after buying an additional 11,035 shares during the last quarter.

Sprott Physical Gold Trust Stock Up 1.7%

PHYS opened at $31.98 on Thursday. The business’s 50 day moving average is $29.89 and its two-hundred day moving average is $27.09. Sprott Physical Gold Trust has a 52 week low of $19.63 and a 52 week high of $33.31.

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.