Ashton Thomas Private Wealth LLC Purchases 3,548 Shares of Sprott Physical Gold Trust (NYSEARCA:PHYS)

Ashton Thomas Private Wealth LLC increased its holdings in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 39.1% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 12,617 shares of the exchange traded fund’s stock after purchasing an additional 3,548 shares during the quarter. Ashton Thomas Private Wealth LLC’s holdings in Sprott Physical Gold Trust were worth $257,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. Banque Cantonale Vaudoise purchased a new position in shares of Sprott Physical Gold Trust in the 2nd quarter worth $36,000. St. Johns Investment Management Company LLC purchased a new stake in shares of Sprott Physical Gold Trust during the 3rd quarter valued at about $51,000. Sunbelt Securities Inc. bought a new position in shares of Sprott Physical Gold Trust in the 2nd quarter worth approximately $51,000. 1620 Investment Advisors Inc. purchased a new position in shares of Sprott Physical Gold Trust in the second quarter worth approximately $55,000. Finally, Evermay Wealth Management LLC boosted its holdings in shares of Sprott Physical Gold Trust by 567.7% in the first quarter. Evermay Wealth Management LLC now owns 3,906 shares of the exchange traded fund’s stock worth $68,000 after buying an additional 3,321 shares during the last quarter.

Sprott Physical Gold Trust Stock Down 0.6 %

Shares of PHYS stock opened at $19.65 on Friday. Sprott Physical Gold Trust has a 12 month low of $15.31 and a 12 month high of $21.70. The company has a 50 day simple moving average of $20.56 and a two-hundred day simple moving average of $19.25.

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.