Quilter Plc Has $7.80 Million Holdings in Sprott Physical Gold Trust $PHYS

Quilter Plc trimmed its holdings in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 46.3% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 236,134 shares of the exchange traded fund’s stock after selling 203,579 shares during the period. Quilter Plc’s holdings in Sprott Physical Gold Trust were worth $7,797,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Transce3nd LLC lifted its position in shares of Sprott Physical Gold Trust by 129.5% during the 2nd quarter. Transce3nd LLC now owns 1,515 shares of the exchange traded fund’s stock valued at $38,000 after acquiring an additional 855 shares during the period. Eastern Bank bought a new stake in Sprott Physical Gold Trust in the fourth quarter valued at $47,000. Strategic Advocates LLC acquired a new position in shares of Sprott Physical Gold Trust during the third quarter valued at about $51,000. Franklin Resources Inc. acquired a new position in shares of Sprott Physical Gold Trust during the third quarter valued at about $74,000. Finally, Smartleaf Asset Management LLC boosted its position in shares of Sprott Physical Gold Trust by 80.1% during the 2nd quarter. Smartleaf Asset Management LLC now owns 3,937 shares of the exchange traded fund’s stock worth $98,000 after purchasing an additional 1,751 shares in the last quarter.

Sprott Physical Gold Trust Stock Performance

Shares of PHYS opened at $35.39 on Monday. The stock has a 50-day moving average of $37.46 and a 200-day moving average of $33.95. Sprott Physical Gold Trust has a one year low of $22.72 and a one year high of $42.07.

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