Blair William & Co. IL Cuts Stake in Sprott Physical Gold Trust (PHYS)

Blair William & Co. IL lessened its position in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 65.2% during the 1st quarter, HoldingsChannel.com reports. The fund owned 77,279 shares of the exchange traded fund’s stock after selling 144,870 shares during the quarter. Blair William & Co. IL’s holdings in Sprott Physical Gold Trust were worth $831,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Beaumont Financial Partners LLC lifted its stake in Sprott Physical Gold Trust by 1.7% in the first quarter. Beaumont Financial Partners LLC now owns 297,303 shares of the exchange traded fund’s stock valued at $3,196,000 after buying an additional 5,021 shares during the period. Cambridge Investment Research Advisors Inc. lifted its stake in Sprott Physical Gold Trust by 7.3% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 95,513 shares of the exchange traded fund’s stock valued at $1,011,000 after buying an additional 6,510 shares during the period. Two Sigma Securities LLC lifted its stake in Sprott Physical Gold Trust by 40.8% in the fourth quarter. Two Sigma Securities LLC now owns 22,924 shares of the exchange traded fund’s stock valued at $243,000 after buying an additional 6,640 shares during the period. First Republic Investment Management Inc. lifted its stake in Sprott Physical Gold Trust by 8.8% in the first quarter. First Republic Investment Management Inc. now owns 102,141 shares of the exchange traded fund’s stock valued at $1,098,000 after buying an additional 8,300 shares during the period. Finally, Baker Avenue Asset Management LP lifted its stake in Sprott Physical Gold Trust by 20.7% in the fourth quarter. Baker Avenue Asset Management LP now owns 51,340 shares of the exchange traded fund’s stock valued at $544,000 after buying an additional 8,815 shares during the period.

Sprott Physical Gold Trust opened at $10.31 on Friday, MarketBeat Ratings reports. Sprott Physical Gold Trust has a 1-year low of $9.83 and a 1-year high of $11.15.

Sprott Physical Gold Trust 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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