Sprott Physical Gold Trust $PHYS Position Reduced by Amitell Capital Pte Ltd

Amitell Capital Pte Ltd decreased its holdings in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 44.4% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 164,558 shares of the exchange traded fund’s stock after selling 131,401 shares during the quarter. Sprott Physical Gold Trust accounts for about 3.0% of Amitell Capital Pte Ltd’s investment portfolio, making the stock its 12th largest position. Amitell Capital Pte Ltd’s holdings in Sprott Physical Gold Trust were worth $4,874,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in the company. CENTRAL TRUST Co grew its holdings in shares of Sprott Physical Gold Trust by 9.1% during the 3rd quarter. CENTRAL TRUST Co now owns 4,649,181 shares of the exchange traded fund’s stock valued at $137,709,000 after acquiring an additional 388,033 shares in the last quarter. Pekin Hardy Strauss Inc. grew its holdings in Sprott Physical Gold Trust by 2.0% in 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 buying an additional 84,300 shares during the last quarter. Jupiter Asset Management Ltd. boosted its holdings in Sprott Physical Gold Trust by 39.8% in the 3rd quarter. Jupiter Asset Management Ltd. now owns 3,145,855 shares of the exchange traded fund’s stock valued at $92,913,000 after purchasing an additional 896,347 shares during the period. Captrust Financial Advisors increased its stake in Sprott Physical Gold Trust by 0.9% during the second quarter. Captrust Financial Advisors now owns 2,453,340 shares of the exchange traded fund’s stock valued at $62,192,000 after acquiring an additional 22,778 shares during the period. Finally, Matauro LLC raised its stake in shares of Sprott Physical Gold Trust by 2.2% in the third quarter. Matauro LLC now owns 2,064,346 shares of the exchange traded fund’s stock valued at $61,146,000 after purchasing an additional 44,346 shares in the last quarter.

Sprott Physical Gold Trust Stock Down 0.2%

Shares of PHYS stock opened at $39.31 on Thursday. The stock’s fifty day simple moving average is $36.19 and its 200 day simple moving average is $31.97. Sprott Physical Gold Trust has a one year low of $21.96 and a one year high of $42.07.

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.