Cwm LLC Lowers Holdings in Sprott Physical Gold Trust (NYSEARCA:PHYS)

Cwm LLC lowered its position in shares of Sprott Physical Gold Trust (NYSEARCA:PHYSGet Rating) by 70.9% in the third quarter, Holdings Channel reports. The firm owned 2,374 shares of the exchange traded fund’s stock after selling 5,784 shares during the period. Cwm LLC’s holdings in Sprott Physical Gold Trust were worth $30,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of PHYS. Royal Bank of Canada raised its position in shares of Sprott Physical Gold Trust by 30.0% during the 1st quarter. Royal Bank of Canada now owns 6,120,005 shares of the exchange traded fund’s stock valued at $94,064,000 after acquiring an additional 1,413,756 shares in the last quarter. Truist Financial Corp grew its stake in shares of Sprott Physical Gold Trust by 295.2% in the third quarter. Truist Financial Corp now owns 1,599,653 shares of the exchange traded fund’s stock worth $20,475,000 after purchasing an additional 1,194,906 shares in the last quarter. OTA Financial Group L.P. grew its stake in shares of Sprott Physical Gold Trust by 364.7% in the third quarter. OTA Financial Group L.P. now owns 1,338,672 shares of the exchange traded fund’s stock worth $17,135,000 after purchasing an additional 1,050,619 shares in the last quarter. Captrust Financial Advisors bought a new position in shares of Sprott Physical Gold Trust in the second quarter worth $13,454,000. Finally, Cetera Advisor Networks LLC grew its stake in shares of Sprott Physical Gold Trust by 203.1% in the second quarter. Cetera Advisor Networks LLC now owns 1,101,774 shares of the exchange traded fund’s stock worth $15,623,000 after purchasing an additional 738,231 shares in the last quarter.

Sprott Physical Gold Trust Price Performance

NYSEARCA:PHYS opened at $14.92 on Friday. Sprott Physical Gold Trust has a 1 year low of $12.48 and a 1 year high of $16.19. The business has a fifty day moving average of $13.99 and a 200-day moving average of $13.52.

About Sprott Physical Gold Trust

(Get Rating)

Sprott Physical Gold Trust is an exchange traded commodity launched and managed by Sprott Asset Management, LP. The fund invests in the commodity markets. It primarily invests in physical gold bullion in London Good Delivery bar form. Sprott Physical Gold Trust was formed on August 28, 2009 and is domiciled in Canada.

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Institutional Ownership by Quarter for Sprott Physical Gold Trust (NYSEARCA:PHYS)

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