Sprott Physical Gold Trust $PHYS Shares Sold by Waddell & Associates LLC

Waddell & Associates LLC reduced its stake in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 26.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor 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 quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Cozad Asset Management Inc. lifted its position in shares of Sprott Physical Gold Trust by 13.1% during the third quarter. Cozad Asset Management Inc. now owns 37,347 shares of the exchange traded fund’s stock worth $1,106,000 after purchasing an additional 4,324 shares during the last quarter. Dakota Wealth Management increased its holdings in Sprott Physical Gold Trust by 21.5% in the third quarter. Dakota Wealth Management now owns 147,217 shares of the exchange traded fund’s stock valued at $4,361,000 after buying an additional 26,060 shares during the last quarter. EverSource Wealth Advisors LLC raised its stake in Sprott Physical Gold Trust by 53.9% during the third quarter. EverSource Wealth Advisors LLC now owns 39,609 shares of the exchange traded fund’s stock valued at $1,173,000 after buying an additional 13,879 shares in the last quarter. Sound View Wealth Advisors Group LLC lifted its holdings in Sprott Physical Gold Trust by 6.2% during the 3rd quarter. Sound View Wealth Advisors Group LLC now owns 19,900 shares of the exchange traded fund’s stock worth $589,000 after buying an additional 1,159 shares during the last quarter. Finally, Advyzon Investment Management LLC acquired a new position in shares of Sprott Physical Gold Trust in the 3rd quarter worth approximately $230,000.

Sprott Physical Gold Trust Stock Performance

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

About Sprott Physical Gold Trust

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.