Advisory Services Network LLC Sells 24,105 Shares of Sprott Physical Gold Trust $PHYS

Advisory Services Network LLC lowered its position in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 7.3% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 306,447 shares of the exchange traded fund’s stock after selling 24,105 shares during the period. Advisory Services Network LLC owned about 0.07% of Sprott Physical Gold Trust worth $7,713,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Royal Bank of Canada raised its holdings in shares of Sprott Physical Gold Trust by 18.3% during the first 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 in the last quarter. Pekin Hardy Strauss Inc. increased its position in Sprott Physical Gold Trust by 2.0% during the 2nd quarter. Pekin Hardy Strauss Inc. now owns 4,310,858 shares of the exchange traded fund’s stock valued at $109,280,000 after purchasing an additional 84,300 shares during the period. IMC Chicago LLC increased its position in 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 valued at $81,228,000 after purchasing an additional 3,095,611 shares during the period. Captrust Financial Advisors raised its holdings in Sprott Physical Gold Trust by 0.9% in the 2nd quarter. Captrust Financial Advisors now owns 2,453,340 shares of the exchange traded fund’s stock worth $62,192,000 after purchasing an additional 22,778 shares in the last quarter. Finally, Jupiter Asset Management Ltd. lifted its position in shares of Sprott Physical Gold Trust by 15.2% in the 2nd quarter. Jupiter Asset Management Ltd. now owns 2,249,508 shares of the exchange traded fund’s stock worth $56,811,000 after purchasing an additional 296,330 shares during the period.

Sprott Physical Gold Trust Stock Up 0.5%

Shares of PHYS opened at $32.89 on Monday. Sprott Physical Gold Trust has a 1-year low of $19.89 and a 1-year high of $33.31. The firm’s 50-day moving average price is $31.33 and its 200-day moving average price is $28.14.

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.