Sprott Physical Gold Trust (NYSEARCA:PHYS) Shares Sold by Euro Pacific Asset Management LLC

Euro Pacific Asset Management LLC reduced its stake in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 9.9% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 43,608 shares of the exchange traded fund’s stock after selling 4,772 shares during the period. Euro Pacific Asset Management LLC’s holdings in Sprott Physical Gold Trust were worth $856,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Banque Cantonale Vaudoise bought a new position in shares of Sprott Physical Gold Trust during the second quarter worth about $36,000. St. Johns Investment Management Company LLC bought a new position in Sprott Physical Gold Trust in the 3rd quarter worth about $51,000. Missouri Trust & Investment Co increased its stake in shares of Sprott Physical Gold Trust by 160.9% in the third quarter. Missouri Trust & Investment Co now owns 2,609 shares of the exchange traded fund’s stock valued at $53,000 after purchasing an additional 1,609 shares during the period. Sunbelt Securities Inc. bought a new stake in shares of Sprott Physical Gold Trust during the second quarter valued at approximately $51,000. Finally, 1620 Investment Advisors Inc. bought a new stake in shares of Sprott Physical Gold Trust during the second quarter valued at approximately $55,000.

Sprott Physical Gold Trust Price Performance

Shares of PHYS stock opened at $19.66 on Friday. Sprott Physical Gold Trust has a 12-month low of $15.31 and a 12-month high of $21.70. The business has a 50 day simple moving average of $20.56 and a 200 day simple moving average of $19.26.

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.