Wealthcare Advisory Partners LLC Lowers Stake in Sprott Physical Gold Trust (NYSEARCA:PHYS)

Wealthcare Advisory Partners LLC lessened its position in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 3.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 123,431 shares of the exchange traded fund’s stock after selling 3,923 shares during the period. Wealthcare Advisory Partners LLC’s holdings in Sprott Physical Gold Trust were worth $2,486,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of PHYS. Legacy Investment Solutions LLC purchased a new position in Sprott Physical Gold Trust during the third quarter worth about $28,000. Sunbelt Securities Inc. purchased a new position in shares of Sprott Physical Gold Trust during the 2nd quarter worth about $51,000. St. Johns Investment Management Company LLC acquired a new stake in shares of Sprott Physical Gold Trust in the third quarter worth approximately $51,000. Missouri Trust & Investment Co grew its holdings in 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. Finally, First Horizon Advisors Inc. acquired a new position in Sprott Physical Gold Trust during the third quarter worth approximately $54,000.

Sprott Physical Gold Trust Stock Down 0.4 %

NYSEARCA:PHYS opened at $20.87 on Friday. The firm’s 50 day moving average is $20.32 and its two-hundred day moving average is $19.96. Sprott Physical Gold Trust has a fifty-two week low of $15.31 and a fifty-two week high of $21.70.

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.