Sprott Physical Gold Trust $PHYS Stock Position Decreased by Hengehold Capital Management LLC

Hengehold Capital Management LLC reduced its position in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 7.7% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 401,038 shares of the exchange traded fund’s stock after selling 33,448 shares during the quarter. Sprott Physical Gold Trust makes up 1.0% of Hengehold Capital Management LLC’s investment portfolio, making the stock its 26th largest holding. Hengehold Capital Management LLC’s holdings in Sprott Physical Gold Trust were worth $12,540,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of PHYS. Money Concepts Capital Corp lifted its position in Sprott Physical Gold Trust by 10.0% during the 1st quarter. Money Concepts Capital Corp now owns 276,345 shares of the exchange traded fund’s stock worth $9,794,000 after acquiring an additional 25,056 shares during the last quarter. Citadel Advisors LLC bought a new stake in Sprott Physical Gold Trust during the second quarter valued at about $592,000. Highland Investment Advisors LLC bought a new stake in Sprott Physical Gold Trust during the second quarter valued at about $660,000. Tidal Investments LLC boosted its holdings in Sprott Physical Gold Trust by 70.5% during the second quarter. Tidal Investments LLC now owns 774,770 shares of the exchange traded fund’s stock valued at $23,375,000 after acquiring an additional 320,296 shares during the period. Finally, Compass Financial Management LLC acquired a new stake in shares of Sprott Physical Gold Trust in the second quarter valued at about $1,161,000.

Sprott Physical Gold Trust Trading Down 0.1%

Shares of NYSEARCA:PHYS traded down $0.02 during midday trading on Friday, hitting $31.50. The company’s stock had a trading volume of 2,378,304 shares, compared to its average volume of 5,249,710. The stock’s 50 day simple moving average is $32.78 and its 200 day simple moving average is $33.02. Sprott Physical Gold Trust has a fifty-two week low of $29.30 and a fifty-two week high of $42.07.

Sprott Physical Gold Trust Company 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. The company was founded on August 28, 2009 and is headquartered in Toronto, Canada.