Evanson Asset Management LLC Trims Position in Sprott Physical Gold Trust $PHYS

Evanson Asset Management LLC decreased its position in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 6.3% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 4,538,192 shares of the exchange traded fund’s stock after selling 304,894 shares during the period. Sprott Physical Gold Trust makes up 7.8% of Evanson Asset Management LLC’s portfolio, making the stock its 2nd largest position. Evanson Asset Management LLC owned approximately 0.98% of Sprott Physical Gold Trust worth $134,421,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the company. Summit Financial LLC increased its holdings in shares of Sprott Physical Gold Trust by 25.8% in the first quarter. Summit Financial LLC now owns 43,659 shares of the exchange traded fund’s stock worth $1,050,000 after acquiring an additional 8,944 shares in the last quarter. Oliver Luxxe Assets LLC grew its position in shares of Sprott Physical Gold Trust by 10.2% in the 1st quarter. Oliver Luxxe Assets LLC now owns 11,000 shares of the exchange traded fund’s stock valued at $265,000 after purchasing an additional 1,015 shares during the period. Walleye Capital LLC bought a new stake in Sprott Physical Gold Trust during the 1st quarter worth approximately $683,000. CreativeOne Wealth LLC raised its holdings in Sprott Physical Gold Trust by 3.6% during the 1st quarter. CreativeOne Wealth LLC now owns 69,704 shares of the exchange traded fund’s stock worth $1,677,000 after buying an additional 2,408 shares during the period. Finally, Evergreen Capital Management LLC raised its holdings in Sprott Physical Gold Trust by 8.7% during the 1st quarter. Evergreen Capital Management LLC now owns 259,180 shares of the exchange traded fund’s stock worth $6,236,000 after buying an additional 20,733 shares during the period.

Sprott Physical Gold Trust Trading Down 0.1%

Sprott Physical Gold Trust stock opened at $33.11 on Monday. The company has a 50 day moving average of $31.58 and a 200-day moving average of $28.41. Sprott Physical Gold Trust has a twelve month low of $19.96 and a twelve month high of $33.44.

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. The company was founded on August 28, 2009 and is headquartered in Toronto, Canada.