Private Advisor Group LLC Has $1.02 Million Position in Sprott Physical Gold Trust (PHYS)

Private Advisor Group LLC trimmed its holdings in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 9.3% in the fourth quarter, HoldingsChannel.com reports. The fund owned 97,545 shares of the exchange traded fund’s stock after selling 10,050 shares during the period. Private Advisor Group LLC’s holdings in Sprott Physical Gold Trust were worth $1,019,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the business. Essex Financial Services Inc. grew its stake in Sprott Physical Gold Trust by 95.4% in the fourth quarter. Essex Financial Services Inc. now owns 45,700 shares of the exchange traded fund’s stock valued at $484,000 after acquiring an additional 22,307 shares during the period. First Business Financial Services Inc. grew its stake in Sprott Physical Gold Trust by 49.7% in the fourth quarter. First Business Financial Services Inc. now owns 28,975 shares of the exchange traded fund’s stock valued at $307,000 after acquiring an additional 9,625 shares during the period. Retirement Planning Group acquired a new position in Sprott Physical Gold Trust in the fourth quarter valued at about $106,000. Ledyard National Bank grew its stake in Sprott Physical Gold Trust by 48.6% in the fourth quarter. Ledyard National Bank now owns 14,685 shares of the exchange traded fund’s stock valued at $156,000 after acquiring an additional 4,800 shares during the period. Finally, K.J. Harrison & Partners Inc acquired a new position in Sprott Physical Gold Trust in the fourth quarter valued at about $110,000.

Sprott Physical Gold Trust (NYSEARCA PHYS) opened at $10.96 on Tuesday. Sprott Physical Gold Trust has a 52 week low of $9.81 and a 52 week high of $11.15. The stock has a market capitalization of $2,320.00 and a PE ratio of -31.31.

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Sprott Physical Gold Trust Company Profile

Sprott Physical Gold Trust (the Trust) is a closed-end trust. The Trust invests in unencumbered and fully allocated London Good Delivery (LGD) gold bars. The Trust was created to invest and hold substantially all of its assets in physical gold bullion. The Trust invests in long-term holdings of unencumbered, fully allocated physical gold bullion and does not speculate with regard to short-term changes in gold prices.

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Institutional Ownership by Quarter for Sprott Physical Gold Trust (NYSEARCA:PHYS)

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