Wealthcare Capital Management LLC Has $18.40 Million Stock Holdings in Sprott Physical Gold Trust $PHYS

Wealthcare Capital Management LLC lessened its holdings in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 42.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 621,310 shares of the exchange traded fund’s stock after selling 456,647 shares during the period. Sprott Physical Gold Trust makes up 1.9% of Wealthcare Capital Management LLC’s portfolio, making the stock its 7th biggest position. Wealthcare Capital Management LLC’s holdings in Sprott Physical Gold Trust were worth $18,403,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. World Investment Advisors boosted its position in Sprott Physical Gold Trust by 36.4% during the 3rd quarter. World Investment Advisors now owns 192,058 shares of the exchange traded fund’s stock worth $5,689,000 after acquiring an additional 51,243 shares during the last quarter. D.A. Davidson & CO. acquired a new position in Sprott Physical Gold Trust during the third quarter worth $883,000. Concurrent Investment Advisors LLC grew its position in Sprott Physical Gold Trust by 129.2% in the third quarter. Concurrent Investment Advisors LLC now owns 50,432 shares of the exchange traded fund’s stock valued at $1,494,000 after purchasing an additional 28,428 shares in the last quarter. Avantax Advisory Services Inc. increased its stake in Sprott Physical Gold Trust by 32.3% in the 2nd quarter. Avantax Advisory Services Inc. now owns 545,100 shares of the exchange traded fund’s stock valued at $13,818,000 after buying an additional 132,995 shares during the last quarter. Finally, CWM LLC increased its stake in Sprott Physical Gold Trust by 64.0% in the 3rd quarter. CWM LLC now owns 70,078 shares of the exchange traded fund’s stock valued at $2,076,000 after buying an additional 27,355 shares during the last quarter.

Sprott Physical Gold Trust Stock Up 2.1%

NYSEARCA:PHYS opened at $37.82 on Tuesday. Sprott Physical Gold Trust has a twelve month low of $21.96 and a twelve month high of $42.07. The stock’s 50 day moving average price is $35.38 and its two-hundred day moving average price is $31.39.

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. The company was founded on August 28, 2009 and is headquartered in Toronto, Canada.