Cobblestone Capital Advisors LLC NY Sells 1,684 Shares of Sprott Physical Gold Trust (NYSEARCA:PHYS)

Cobblestone Capital Advisors LLC NY lessened its position in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 7.1% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 21,949 shares of the exchange traded fund’s stock after selling 1,684 shares during the quarter. Cobblestone Capital Advisors LLC NY’s holdings in Sprott Physical Gold Trust were worth $396,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Ndwm LLC increased its position in shares of Sprott Physical Gold Trust by 34.7% during the 1st quarter. Ndwm LLC now owns 19,065 shares of the exchange traded fund’s stock valued at $330,000 after purchasing an additional 4,911 shares during the last quarter. Private Advisor Group LLC raised its stake in shares of Sprott Physical Gold Trust by 88.8% during the first quarter. Private Advisor Group LLC now owns 777,048 shares of the exchange traded fund’s stock worth $13,443,000 after acquiring an additional 365,371 shares in the last quarter. Headlands Technologies LLC purchased a new position in shares of Sprott Physical Gold Trust during the first quarter worth approximately $281,000. Raymond James & Associates lifted its holdings in shares of Sprott Physical Gold Trust by 32.8% in the 2nd quarter. Raymond James & Associates now owns 924,659 shares of the exchange traded fund’s stock worth $16,699,000 after acquiring an additional 228,541 shares during the last quarter. Finally, Concourse Financial Group Securities Inc. boosted its stake in shares of Sprott Physical Gold Trust by 69.3% in the 2nd quarter. Concourse Financial Group Securities Inc. now owns 6,278 shares of the exchange traded fund’s stock valued at $113,000 after purchasing an additional 2,570 shares in the last quarter.

Sprott Physical Gold Trust Price Performance

NYSEARCA:PHYS traded down $0.16 during trading hours on Friday, reaching $19.43. The company’s stock had a trading volume of 2,234,045 shares, compared to its average volume of 2,039,615. The firm has a 50-day simple moving average of $18.93 and a 200-day simple moving average of $18.08. Sprott Physical Gold Trust has a 1 year low of $14.00 and a 1 year high of $19.67.

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.