Whitaker Myers Wealth Managers LTD. Has $6.78 Million Stock Holdings in Sprott Physical Gold Trust (NYSEARCA:PHYS)

Whitaker Myers Wealth Managers LTD. lessened its stake in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 26.2% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 336,710 shares of the exchange traded fund’s stock after selling 119,356 shares during the quarter. Sprott Physical Gold Trust comprises about 2.0% of Whitaker Myers Wealth Managers LTD.’s portfolio, making the stock its 15th largest holding. Whitaker Myers Wealth Managers LTD. owned approximately 0.08% of Sprott Physical Gold Trust worth $6,781,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of the stock. Straight Path Wealth Management lifted its stake in shares of Sprott Physical Gold Trust by 1.5% during the 3rd quarter. Straight Path Wealth Management now owns 34,950 shares of the exchange traded fund’s stock worth $712,000 after buying an additional 500 shares during the last quarter. Wealth Alliance Advisory Group LLC lifted its stake in shares of Sprott Physical Gold Trust by 4.3% during the 4th quarter. Wealth Alliance Advisory Group LLC now owns 12,089 shares of the exchange traded fund’s stock worth $243,000 after buying an additional 500 shares during the last quarter. Islay Capital Management LLC lifted its stake in shares of Sprott Physical Gold Trust by 1.4% during the 3rd quarter. Islay Capital Management LLC now owns 41,161 shares of the exchange traded fund’s stock worth $839,000 after buying an additional 550 shares during the last quarter. Concourse Financial Group Securities Inc. lifted its stake in shares of Sprott Physical Gold Trust by 9.8% during the 3rd quarter. Concourse Financial Group Securities Inc. now owns 6,893 shares of the exchange traded fund’s stock worth $140,000 after buying an additional 615 shares during the last quarter. Finally, Procyon Advisors LLC lifted its stake in shares of Sprott Physical Gold Trust by 1.4% during the 4th quarter. Procyon Advisors LLC now owns 50,172 shares of the exchange traded fund’s stock worth $1,010,000 after buying an additional 686 shares during the last quarter.

Sprott Physical Gold Trust Stock Down 0.4 %

NYSEARCA:PHYS opened at $20.87 on Friday. Sprott Physical Gold Trust has a 52 week low of $15.31 and a 52 week high of $21.70. The firm’s 50-day simple moving average is $20.32 and its 200 day simple moving average is $19.97.

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.