Waddell & Associates LLC Lowers Position in Sprott Physical Gold Trust $PHYS

Waddell & Associates LLC lowered its stake in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 26.6% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 50,434 shares of the exchange traded fund’s stock after selling 18,313 shares during the period. Waddell & Associates LLC’s holdings in Sprott Physical Gold Trust were worth $1,494,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Jupiter Asset Management Ltd. grew its stake in shares of Sprott Physical Gold Trust by 39.8% during the 3rd quarter. Jupiter Asset Management Ltd. now owns 3,145,855 shares of the exchange traded fund’s stock valued at $92,913,000 after buying an additional 896,347 shares during the period. Jane Street Group LLC boosted its holdings in Sprott Physical Gold Trust by 65.8% in the second quarter. Jane Street Group LLC now owns 1,618,276 shares of the exchange traded fund’s stock valued at $41,023,000 after acquiring an additional 642,224 shares during the last quarter. Cerity Partners LLC grew its position in Sprott Physical Gold Trust by 552.0% during the third quarter. Cerity Partners LLC now owns 508,322 shares of the exchange traded fund’s stock valued at $15,057,000 after acquiring an additional 430,358 shares during the period. CENTRAL TRUST Co grew its position in Sprott Physical Gold Trust by 9.1% during the third quarter. CENTRAL TRUST Co now owns 4,649,181 shares of the exchange traded fund’s stock valued at $137,709,000 after acquiring an additional 388,033 shares during the period. Finally, Tidal Investments LLC increased its stake in Sprott Physical Gold Trust by 47.1% during the second quarter. Tidal Investments LLC now owns 867,575 shares of the exchange traded fund’s stock worth $21,993,000 after acquiring an additional 277,648 shares during the last quarter.

Sprott Physical Gold Trust Stock Performance

Sprott Physical Gold Trust stock opened at $39.37 on Wednesday. Sprott Physical Gold Trust has a 12 month low of $21.96 and a 12 month high of $42.07. The stock’s 50-day moving average is $36.07 and its 200-day moving average is $31.92.

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.