Beaird Harris Wealth Management LLC Sells 20,004 Shares of Sprott Physical Gold Trust $PHYS

Beaird Harris Wealth Management LLC trimmed its holdings in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 21.5% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 73,029 shares of the exchange traded fund’s stock after selling 20,004 shares during the period. Beaird Harris Wealth Management LLC’s holdings in Sprott Physical Gold Trust were worth $2,203,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Royal Bank of Canada increased its holdings in Sprott Physical Gold Trust by 8.2% in the 4th quarter. Royal Bank of Canada now owns 9,516,053 shares of the exchange traded fund’s stock worth $314,220,000 after buying an additional 724,321 shares in the last quarter. Federation des caisses Desjardins du Quebec raised its position in Sprott Physical Gold Trust by 2.3% in the 4th quarter. Federation des caisses Desjardins du Quebec now owns 5,589,846 shares of the exchange traded fund’s stock worth $184,642,000 after buying an additional 125,087 shares during the last quarter. CENTRAL TRUST Co lifted its stake in Sprott Physical Gold Trust by 26.3% during the 1st quarter. CENTRAL TRUST Co now owns 5,542,655 shares of the exchange traded fund’s stock valued at $196,432,000 after acquiring an additional 1,154,326 shares during the period. Heritage Wealth Advisors bought a new position in Sprott Physical Gold Trust during the 4th quarter valued at about $169,676,000. Finally, Evanson Financial LLC purchased a new stake in shares of Sprott Physical Gold Trust during the 2nd quarter valued at about $108,576,000.

Sprott Physical Gold Trust Trading Down 0.8%

Shares of PHYS stock opened at $33.60 on Friday. The company has a 50 day moving average price of $32.07 and a 200-day moving average price of $34.18. Sprott Physical Gold Trust has a 52 week low of $27.47 and a 52 week high of $42.07.

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. The company was founded on August 28, 2009 and is headquartered in Toronto, Canada.