Sprott Physical Gold Trust $PHYS Stock Position Decreased by Thoroughbred Financial Services LLC

Thoroughbred Financial Services LLC decreased its holdings in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 24.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,225 shares of the exchange traded fund’s stock after selling 2,945 shares during the quarter. Thoroughbred Financial Services LLC’s holdings in Sprott Physical Gold Trust were worth $233,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Bank of New York Mellon Corp boosted its position in shares of Sprott Physical Gold Trust by 4.0% during the 1st quarter. Bank of New York Mellon Corp now owns 18,731 shares of the exchange traded fund’s stock valued at $451,000 after purchasing an additional 729 shares in the last quarter. CWM LLC raised its holdings in Sprott Physical Gold Trust by 62.7% during the 1st quarter. CWM LLC now owns 41,498 shares of the exchange traded fund’s stock worth $998,000 after buying an additional 15,987 shares during the period. Kestra Private Wealth Services LLC increased its stake in Sprott Physical Gold Trust by 2.6% in the 1st quarter. Kestra Private Wealth Services LLC now owns 52,283 shares of the exchange traded fund’s stock valued at $1,258,000 after buying an additional 1,349 shares during the period. OneAscent Financial Services LLC grew its stake in shares of Sprott Physical Gold Trust by 77.1% in the 1st quarter. OneAscent Financial Services LLC now owns 21,475 shares of the exchange traded fund’s stock valued at $517,000 after buying an additional 9,350 shares in the last quarter. Finally, IFP Advisors Inc raised its holdings in shares of Sprott Physical Gold Trust by 40.4% during the 1st quarter. IFP Advisors Inc now owns 37,759 shares of the exchange traded fund’s stock valued at $908,000 after purchasing an additional 10,872 shares in the last quarter.

Sprott Physical Gold Trust Stock Performance

PHYS opened at $31.00 on Wednesday. Sprott Physical Gold Trust has a twelve month low of $19.89 and a twelve month high of $33.31. The business has a 50 day moving average price of $30.17 and a 200 day moving average price of $27.27.

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.