Beaumont Financial Advisors LLC Has $3.46 Million Stock Holdings in Sprott Physical Gold Trust (NYSEARCA:PHYS)

Beaumont Financial Advisors LLC decreased its holdings in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 4.1% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 169,828 shares of the exchange traded fund’s stock after selling 7,200 shares during the quarter. Beaumont Financial Advisors LLC’s holdings in Sprott Physical Gold Trust were worth $3,461,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Ndwm LLC grew its stake in Sprott Physical Gold Trust by 34.7% during the 1st quarter. Ndwm LLC now owns 19,065 shares of the exchange traded fund’s stock valued at $330,000 after acquiring an additional 4,911 shares in the last quarter. Private Advisor Group LLC increased its stake in Sprott Physical Gold Trust by 88.8% in the 1st quarter. Private Advisor Group LLC now owns 777,048 shares of the exchange traded fund’s stock valued at $13,443,000 after buying an additional 365,371 shares during the period. Headlands Technologies LLC acquired a new position in Sprott Physical Gold Trust in the 1st quarter valued at approximately $281,000. Raymond James & Associates lifted its position in Sprott Physical Gold Trust by 32.8% in the 2nd quarter. Raymond James & Associates now owns 924,659 shares of the exchange traded fund’s stock worth $16,699,000 after buying an additional 228,541 shares in the last quarter. Finally, Concourse Financial Group Securities Inc. boosted its stake in shares of Sprott Physical Gold Trust by 69.3% during the 2nd quarter. Concourse Financial Group Securities Inc. now owns 6,278 shares of the exchange traded fund’s stock valued at $113,000 after buying an additional 2,570 shares during the period.

Sprott Physical Gold Trust Stock Performance

Sprott Physical Gold Trust stock opened at $20.42 on Friday. Sprott Physical Gold Trust has a 12 month low of $14.44 and a 12 month high of $20.75. The company’s fifty day simple moving average is $19.74 and its 200-day simple moving average is $18.73.

Sprott Physical Gold Trust Company 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.