Lido Advisors LLC lessened its position in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS – Get Rating) by 18.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,458 shares of the exchange traded fund’s stock after selling 3,439 shares during the quarter. Lido Advisors LLC’s holdings in Sprott Physical Gold Trust were worth $197,000 as of its most recent SEC filing.
Several other institutional investors have also added to or reduced their stakes in PHYS. Evanson Asset Management LLC boosted its stake in Sprott Physical Gold Trust by 0.3% during the third quarter. Evanson Asset Management LLC now owns 7,160,061 shares of the exchange traded fund’s stock worth $91,649,000 after buying an additional 21,093 shares during the period. Royal Bank of Canada raised its stake in shares of Sprott Physical Gold Trust by 30.0% in the first 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 during the period. Jupiter Asset Management Ltd. raised its stake in shares of Sprott Physical Gold Trust by 14.6% in the third quarter. Jupiter Asset Management Ltd. now owns 4,720,104 shares of the exchange traded fund’s stock valued at $60,417,000 after acquiring an additional 601,916 shares during the period. SMI Advisory Services LLC raised its stake in shares of Sprott Physical Gold Trust by 7.9% in the third quarter. SMI Advisory Services LLC now owns 3,345,639 shares of the exchange traded fund’s stock valued at $42,824,000 after acquiring an additional 243,753 shares during the period. Finally, Truist Financial Corp raised 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 valued at $20,475,000 after acquiring an additional 1,194,906 shares during the period.
Sprott Physical Gold Trust Price Performance
Shares of PHYS opened at $14.42 on Friday. Sprott Physical Gold Trust has a twelve month low of $12.48 and a twelve month high of $15.78. The company’s fifty day simple moving average is $14.47 and its 200-day simple moving average is $13.71.
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.
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