Raymond James Trust N.A. Sells 710 Shares of Sprott Physical Gold Trust (NYSEARCA:PHYS)

Raymond James Trust N.A. lessened its stake in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 3.0% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 23,245 shares of the exchange traded fund’s stock after selling 710 shares during the period. Raymond James Trust N.A.’s holdings in Sprott Physical Gold Trust were worth $474,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of PHYS. Moors & Cabot Inc. lifted its position in Sprott Physical Gold Trust by 3.0% during the 3rd quarter. Moors & Cabot Inc. now owns 144,434 shares of the exchange traded fund’s stock valued at $2,944,000 after purchasing an additional 4,225 shares during the period. Darwin Wealth Management LLC acquired a new position in Sprott Physical Gold Trust in the third quarter valued at approximately $345,000. First Horizon Advisors Inc. bought a new position in Sprott Physical Gold Trust in the third quarter valued at approximately $54,000. Howe & Rusling Inc. boosted its stake in Sprott Physical Gold Trust by 29.8% in the third quarter. Howe & Rusling Inc. now owns 13,888 shares of the exchange traded fund’s stock valued at $283,000 after acquiring an additional 3,185 shares during the last quarter. Finally, Commerce Bank grew its holdings in Sprott Physical Gold Trust by 53.3% during the 3rd quarter. Commerce Bank now owns 38,780 shares of the exchange traded fund’s stock worth $790,000 after acquiring an additional 13,478 shares during the period.

Sprott Physical Gold Trust Price Performance

PHYS stock opened at $20.21 on Wednesday. Sprott Physical Gold Trust has a twelve month low of $15.31 and a twelve month high of $21.70. The business’s fifty day moving average is $20.64 and its 200-day moving average is $19.38.

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.