AlphaStar Capital Management LLC Increases Holdings in Sprott Physical Gold Trust (NYSEARCA:PHYS)

AlphaStar Capital Management LLC increased its position in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 25.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 19,393 shares of the exchange traded fund’s stock after buying an additional 3,883 shares during the quarter. AlphaStar Capital Management LLC’s holdings in Sprott Physical Gold Trust were worth $391,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Kingsview Wealth Management LLC increased its holdings in shares of Sprott Physical Gold Trust by 30.6% in the fourth quarter. Kingsview Wealth Management LLC now owns 143,638 shares of the exchange traded fund’s stock worth $2,893,000 after buying an additional 33,638 shares during the period. Apollon Wealth Management LLC increased its stake in Sprott Physical Gold Trust by 16.2% in the 4th quarter. Apollon Wealth Management LLC now owns 24,668 shares of the exchange traded fund’s stock worth $497,000 after purchasing an additional 3,443 shares during the period. Clientfirst Wealth Management LLC purchased a new position in Sprott Physical Gold Trust in the 4th quarter worth approximately $201,000. IMC Chicago LLC lifted its position in Sprott Physical Gold Trust by 5,078.7% in the fourth quarter. IMC Chicago LLC now owns 2,025,763 shares of the exchange traded fund’s stock valued at $40,799,000 after purchasing an additional 1,986,646 shares during the last quarter. Finally, Silver Oak Securities Incorporated boosted its stake in shares of Sprott Physical Gold Trust by 19.6% during the fourth quarter. Silver Oak Securities Incorporated now owns 48,211 shares of the exchange traded fund’s stock valued at $966,000 after purchasing an additional 7,905 shares during the period.

Sprott Physical Gold Trust Stock Up 0.1 %

Shares of NYSEARCA PHYS opened at $22.16 on Monday. The firm’s fifty day moving average is $20.74 and its 200 day moving average is $20.29. Sprott Physical Gold Trust has a 52 week low of $15.31 and a 52 week high of $22.37.

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.