Dakota Wealth Management Lowers Holdings in Sprott Physical Gold Trust (NYSEARCA:PHYS)

Dakota Wealth Management cut its holdings in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 4.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 93,249 shares of the exchange traded fund’s stock after selling 4,707 shares during the period. Dakota Wealth Management’s holdings in Sprott Physical Gold Trust were worth $1,878,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of PHYS. Bank of Montreal Can raised its holdings in shares of Sprott Physical Gold Trust by 9.6% during the 2nd quarter. Bank of Montreal Can now owns 749,512 shares of the exchange traded fund’s stock worth $13,746,000 after acquiring an additional 65,546 shares in the last quarter. Insigneo Advisory Services LLC bought a new position in Sprott Physical Gold Trust in the 2nd quarter valued at $644,000. Beaird Harris Wealth Management LLC grew its position in Sprott Physical Gold Trust by 41.5% in the 2nd quarter. Beaird Harris Wealth Management LLC now owns 54,487 shares of the exchange traded fund’s stock valued at $984,000 after acquiring an additional 15,981 shares during the last quarter. Rockport Wealth LLC grew its position in Sprott Physical Gold Trust by 6.6% in the 2nd quarter. Rockport Wealth LLC now owns 40,530 shares of the exchange traded fund’s stock valued at $732,000 after acquiring an additional 2,500 shares during the last quarter. Finally, Straight Path Wealth Management grew its position in Sprott Physical Gold Trust by 5.4% in the 2nd quarter. Straight Path Wealth Management now owns 34,450 shares of the exchange traded fund’s stock valued at $622,000 after acquiring an additional 1,750 shares during the last quarter.

Sprott Physical Gold Trust Stock Down 0.0 %

Shares of Sprott Physical Gold Trust stock opened at $21.29 on Friday. The stock’s fifty day moving average is $20.42 and its two-hundred day moving average is $20.04. Sprott Physical Gold Trust has a 52 week low of $15.31 and a 52 week high of $21.70.

About Sprott Physical Gold Trust

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.