Beaird Harris Wealth Management LLC Reduces Stock Holdings in Sprott Physical Gold Trust $PHYS

Beaird Harris Wealth Management LLC reduced its position in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 21.5% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 73,029 shares of the exchange traded fund’s stock after selling 20,004 shares during the quarter. Beaird Harris Wealth Management LLC’s holdings in Sprott Physical Gold Trust were worth $2,203,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the business. Royal Bank of Canada grew its position in Sprott Physical Gold Trust by 8.2% during the fourth quarter. Royal Bank of Canada now owns 9,516,053 shares of the exchange traded fund’s stock valued at $314,220,000 after buying an additional 724,321 shares during the period. Federation des caisses Desjardins du Quebec raised its position in Sprott Physical Gold Trust by 2.3% in the fourth quarter. Federation des caisses Desjardins du Quebec now owns 5,589,846 shares of the exchange traded fund’s stock worth $184,642,000 after acquiring an additional 125,087 shares during the period. CENTRAL TRUST Co boosted its stake in shares of Sprott Physical Gold Trust by 26.3% during the 1st quarter. CENTRAL TRUST Co now owns 5,542,655 shares of the exchange traded fund’s stock worth $196,432,000 after acquiring an additional 1,154,326 shares during the last quarter. Heritage Wealth Advisors purchased a new position in shares of Sprott Physical Gold Trust during the 4th quarter worth $169,676,000. Finally, Evanson Financial LLC bought a new stake in shares of Sprott Physical Gold Trust during the 2nd quarter valued at $108,576,000.

Sprott Physical Gold Trust Stock Performance

NYSEARCA:PHYS opened at $33.60 on Friday. Sprott Physical Gold Trust has a one year low of $27.47 and a one year high of $42.07. The business has a fifty day moving average price of $32.07 and a 200-day moving average price of $34.18.

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.