Great Valley Advisor Group Inc. Has $2.34 Million Position in Sprott Physical Gold Trust (NYSEARCA:PHYS)

Great Valley Advisor Group Inc. reduced its position in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 4.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 114,773 shares of the exchange traded fund’s stock after selling 4,843 shares during the period. Great Valley Advisor Group Inc.’s holdings in Sprott Physical Gold Trust were worth $2,339,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the company. Captrust Financial Advisors raised its holdings in Sprott Physical Gold Trust by 4.1% in the 1st quarter. Captrust Financial Advisors now owns 1,823,029 shares of the exchange traded fund’s stock valued at $31,538,000 after acquiring an additional 71,602 shares in the last quarter. Ancora Advisors LLC raised its holdings in Sprott Physical Gold Trust by 2.0% in the 1st quarter. Ancora Advisors LLC now owns 236,385 shares of the exchange traded fund’s stock valued at $4,089,000 after acquiring an additional 4,571 shares in the last quarter. Bluefin Capital Management LLC raised its holdings in Sprott Physical Gold Trust by 478.6% in the 1st quarter. Bluefin Capital Management LLC now owns 2,023,920 shares of the exchange traded fund’s stock valued at $35,014,000 after acquiring an additional 1,674,108 shares in the last quarter. Cetera Investment Advisers raised its holdings in Sprott Physical Gold Trust by 791.8% in the 1st quarter. Cetera Investment Advisers now owns 1,091,188 shares of the exchange traded fund’s stock valued at $18,878,000 after acquiring an additional 968,835 shares in the last quarter. Finally, Cetera Advisors LLC raised its holdings in Sprott Physical Gold Trust by 192.5% in the 1st quarter. Cetera Advisors LLC now owns 93,895 shares of the exchange traded fund’s stock valued at $1,624,000 after acquiring an additional 61,789 shares in the last quarter.

Sprott Physical Gold Trust Stock Up 1.3 %

Shares of NYSEARCA PHYS opened at $20.84 on Monday. The business has a fifty day moving average price of $20.64 and a two-hundred day moving average price of $19.37. Sprott Physical Gold Trust has a fifty-two week low of $15.31 and a fifty-two week high of $21.70.

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.