Oppenheimer & Co. Inc. reduced its stake in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 4.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 21,119 shares of the exchange traded fund’s stock after selling 1,081 shares during the period. Oppenheimer & Co. Inc.’s holdings in Sprott Physical Gold Trust were worth $239,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. OTA Financial Group L.P. grew its stake in shares of Sprott Physical Gold Trust by 860.2% during the second quarter. OTA Financial Group L.P. now owns 1,538,608 shares of the exchange traded fund’s stock valued at $17,432,000 after acquiring an additional 1,378,374 shares in the last quarter. Macroview Investment Management LLC acquired a new stake in shares of Sprott Physical Gold Trust during the first quarter valued at about $3,046,000. Wells Fargo & Company MN grew its stake in shares of Sprott Physical Gold Trust by 23.4% during the second quarter. Wells Fargo & Company MN now owns 1,134,276 shares of the exchange traded fund’s stock valued at $12,851,000 after acquiring an additional 215,141 shares in the last quarter. Evanson Asset Management LLC grew its stake in shares of Sprott Physical Gold Trust by 3.8% during the second quarter. Evanson Asset Management LLC now owns 4,677,382 shares of the exchange traded fund’s stock valued at $52,995,000 after acquiring an additional 170,758 shares in the last quarter. Finally, Janney Montgomery Scott LLC grew its stake in shares of Sprott Physical Gold Trust by 118.7% during the second quarter. Janney Montgomery Scott LLC now owns 277,587 shares of the exchange traded fund’s stock valued at $3,145,000 after acquiring an additional 150,689 shares in the last quarter.

Shares of PHYS stock traded down $0.01 during trading hours on Friday, hitting $11.98. 10,141 shares of the company were exchanged, compared to its average volume of 631,470. Sprott Physical Gold Trust has a one year low of $9.47 and a one year high of $12.49. The business’s 50-day simple moving average is $11.96 and its two-hundred day simple moving average is $10.96.

About Sprott Physical Gold Trust

Sprott Physical Gold Trust is a closed end investment trust, which engages in the investments and holding substantially all of its assets in physical gold bullion. Its objective is to provides a secure, convenient, and exchange-traded investment alternative for investors. The company was founded on August 28, 2009 and is headquartered in Toronto, Canada.

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

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