Sanctuary Advisors LLC Sells 161,458 Shares of Sprott Physical Gold Trust (NYSEARCA:PHYS)

Sanctuary Advisors LLC lowered its stake in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 29.6% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 383,411 shares of the exchange traded fund’s stock after selling 161,458 shares during the quarter. Sanctuary Advisors LLC’s holdings in Sprott Physical Gold Trust were worth $7,990,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Legacy Investment Solutions LLC purchased a new stake in Sprott Physical Gold Trust in the third quarter worth $28,000. Banque Cantonale Vaudoise bought a new position in shares of Sprott Physical Gold Trust during the 2nd quarter worth $36,000. St. Johns Investment Management Company LLC purchased a new stake in Sprott Physical Gold Trust in the 3rd quarter worth about $51,000. Missouri Trust & Investment Co raised its stake in Sprott Physical Gold Trust by 160.9% in the 3rd quarter. Missouri Trust & Investment Co now owns 2,609 shares of the exchange traded fund’s stock valued at $53,000 after acquiring an additional 1,609 shares during the period. Finally, First Horizon Advisors Inc. purchased a new stake in Sprott Physical Gold Trust during the third quarter valued at about $54,000.

Sprott Physical Gold Trust Trading Down 1.3 %

Shares of NYSEARCA:PHYS opened at $20.40 on Friday. The company has a 50-day moving average price of $20.63 and a two-hundred day moving average price of $19.57. Sprott Physical Gold Trust has a twelve month low of $15.31 and a twelve month high of $21.70.

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.