Pure Portfolios Holdings LLC Sells 817 Shares of Sprott Physical Gold Trust (NYSEARCA:PHYS)

Pure Portfolios Holdings LLC decreased its holdings in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 5.6% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 13,779 shares of the exchange traded fund’s stock after selling 817 shares during the quarter. Pure Portfolios Holdings LLC’s holdings in Sprott Physical Gold Trust were worth $332,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Continuum Advisory LLC raised its holdings in shares of Sprott Physical Gold Trust by 162.9% in the 1st quarter. Continuum Advisory LLC now owns 1,472 shares of the exchange traded fund’s stock worth $35,000 after acquiring an additional 912 shares during the last quarter. North Capital Inc. bought a new position in Sprott Physical Gold Trust in the 1st quarter valued at $37,000. Center for Financial Planning Inc. bought a new stake in shares of Sprott Physical Gold Trust during the 1st quarter worth $39,000. Morton Brown Family Wealth LLC bought a new stake in shares of Sprott Physical Gold Trust during the 1st quarter worth $42,000. Finally, First Horizon Advisors Inc. bought a new stake in Sprott Physical Gold Trust in the first quarter worth $43,000.

Sprott Physical Gold Trust Stock Performance

PHYS stock opened at $25.55 on Friday. Sprott Physical Gold Trust has a 12-month low of $18.23 and a 12-month high of $26.42. The firm’s 50-day moving average price is $25.38 and its two-hundred day moving average price is $23.47.

Sprott Physical Gold Trust 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.