NewEdge Wealth LLC Sells 1,195 Shares of Sprott Physical Gold Trust (NYSEARCA:PHYS)

NewEdge Wealth LLC trimmed its position in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 0.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 226,440 shares of the exchange traded fund’s stock after selling 1,195 shares during the quarter. NewEdge Wealth LLC owned approximately 0.06% of Sprott Physical Gold Trust worth $4,561,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Legacy Investment Solutions LLC bought a new stake in Sprott Physical Gold Trust during the third quarter worth about $28,000. Missouri Trust & Investment Co grew its stake in Sprott Physical Gold Trust by 160.9% during the third quarter. Missouri Trust & Investment Co now owns 2,609 shares of the exchange traded fund’s stock worth $53,000 after buying an additional 1,609 shares during the last quarter. First Horizon Advisors Inc. bought a new stake in Sprott Physical Gold Trust during the third quarter worth about $54,000. Salomon & Ludwin LLC bought a new stake in Sprott Physical Gold Trust during the fourth quarter worth about $65,000. Finally, AdvisorNet Financial Inc grew its stake in Sprott Physical Gold Trust by 7,000.0% during the fourth quarter. AdvisorNet Financial Inc now owns 3,550 shares of the exchange traded fund’s stock worth $71,000 after buying an additional 3,500 shares during the last quarter.

Sprott Physical Gold Trust Stock Down 1.5 %

Shares of Sprott Physical Gold Trust stock opened at $22.31 on Friday. Sprott Physical Gold Trust has a 1-year low of $15.64 and a 1-year high of $22.91. The firm’s 50-day moving average price is $21.35 and its two-hundred day moving average price is $20.64.

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.