St. James Investment Company LLC Decreases Stake in Sprott Physical Gold Trust (PHYS)

St. James Investment Company LLC lowered its stake in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 8.0% during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 136,810 shares of the exchange traded fund’s stock after selling 11,878 shares during the period. Sprott Physical Gold Trust accounts for 0.2% of St. James Investment Company LLC’s portfolio, making the stock its 24th largest position. St. James Investment Company LLC’s holdings in Sprott Physical Gold Trust were worth $1,386,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Aveo Capital Partners LLC increased its stake in shares of Sprott Physical Gold Trust by 1.4% in the second quarter. Aveo Capital Partners LLC now owns 58,872 shares of the exchange traded fund’s stock valued at $599,000 after buying an additional 795 shares during the period. A. D. Beadell Investment Counsel Inc. boosted its position in Sprott Physical Gold Trust by 1.0% in the second quarter. A. D. Beadell Investment Counsel Inc. now owns 144,998 shares of the exchange traded fund’s stock valued at $1,468,000 after buying an additional 1,398 shares in the last quarter. Smith Affiliated Capital Corp. boosted its position in Sprott Physical Gold Trust by 1.8% in the second quarter. Smith Affiliated Capital Corp. now owns 355,310 shares of the exchange traded fund’s stock valued at $3,599,000 after buying an additional 6,446 shares in the last quarter. Legacy Capital Partners Inc. boosted its position in Sprott Physical Gold Trust by 5.6% in the second quarter. Legacy Capital Partners Inc. now owns 360,160 shares of the exchange traded fund’s stock valued at $3,648,000 after buying an additional 19,237 shares in the last quarter. Finally, Valicenti Advisory Services Inc. purchased a new position in Sprott Physical Gold Trust during the second quarter valued at $223,000.

Shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) remained flat at $10.50 during trading on Friday. The company had a trading volume of 335,143 shares. Sprott Physical Gold Trust has a 1-year low of $9.19 and a 1-year high of $11.21. The stock’s 50-day moving average is $10.21 and its 200-day moving average is $10.21.

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About Sprott Physical Gold Trust

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.

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

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