Legacy Capital Partners Inc. decreased its stake in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 1.4% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 358,098 shares of the exchange traded fund’s stock after selling 5,239 shares during the quarter. Sprott Physical Gold Trust comprises approximately 1.9% of Legacy Capital Partners Inc.’s portfolio, making the stock its 17th largest position. Legacy Capital Partners Inc.’s holdings in Sprott Physical Gold Trust were worth $3,792,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Stifel Financial Corp boosted its position in shares of Sprott Physical Gold Trust by 63.1% in the third quarter. Stifel Financial Corp now owns 187,384 shares of the exchange traded fund’s stock worth $1,949,000 after buying an additional 72,507 shares during the period. Knowledge Leaders Capital LLC purchased a new position in Sprott Physical Gold Trust in the third quarter valued at about $4,639,000. Brightworth purchased a new position in Sprott Physical Gold Trust in the third quarter valued at about $265,000. Benchmark Capital Advisors boosted its holdings in Sprott Physical Gold Trust by 7.7% in the third quarter. Benchmark Capital Advisors now owns 284,671 shares of the exchange traded fund’s stock valued at $2,972,000 after purchasing an additional 20,300 shares during the last quarter. Finally, Jane Street Group LLC boosted its holdings in Sprott Physical Gold Trust by 56.5% in the third quarter. Jane Street Group LLC now owns 205,767 shares of the exchange traded fund’s stock valued at $2,148,000 after purchasing an additional 74,267 shares during the last quarter.

Sprott Physical Gold Trust (NYSEARCA PHYS) opened at $10.72 on Friday. The company has a market capitalization of $2,250.00 and a PE ratio of -30.63. Sprott Physical Gold Trust has a 1-year low of $9.81 and a 1-year high of $11.15.

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Sprott Physical Gold Trust Company Profile

Sprott Physical Gold Trust (the Trust) is a closed-end trust. The Trust invests in unencumbered and fully allocated London Good Delivery (LGD) gold bars. The Trust was created to invest and hold substantially all of its assets in physical gold bullion. The Trust invests in long-term holdings of unencumbered, fully allocated physical gold bullion and does not speculate with regard to short-term changes in gold prices.

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Institutional Ownership by Quarter for Sprott Physical Gold Trust (NYSEARCA:PHYS)

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