Brookstone Capital Management Purchases 25,825 Shares of Sprott Physical Gold Trust $PHYS

Brookstone Capital Management lifted its holdings in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 16.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 187,115 shares of the exchange traded fund’s stock after purchasing an additional 25,825 shares during the quarter. Brookstone Capital Management’s holdings in Sprott Physical Gold Trust were worth $5,542,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of PHYS. JP Wealth Management Inc. lifted its stake in shares of Sprott Physical Gold Trust by 72.6% in the 3rd quarter. JP Wealth Management Inc. now owns 333,135 shares of the exchange traded fund’s stock worth $9,867,000 after purchasing an additional 140,180 shares during the period. Manchester Financial Inc. purchased a new stake in Sprott Physical Gold Trust during the third quarter valued at approximately $206,000. DAVENPORT & Co LLC raised its position in Sprott Physical Gold Trust by 1.9% in the third quarter. DAVENPORT & Co LLC now owns 119,988 shares of the exchange traded fund’s stock worth $3,554,000 after acquiring an additional 2,253 shares during the period. S.A. Mason LLC boosted its stake in shares of Sprott Physical Gold Trust by 8.4% during the 3rd quarter. S.A. Mason LLC now owns 21,057 shares of the exchange traded fund’s stock worth $624,000 after acquiring an additional 1,625 shares during the last quarter. Finally, J2 Capital Management Inc boosted its stake in shares of Sprott Physical Gold Trust by 1.5% during the 3rd quarter. J2 Capital Management Inc now owns 29,009 shares of the exchange traded fund’s stock worth $859,000 after acquiring an additional 438 shares during the last quarter.

Sprott Physical Gold Trust Stock Performance

NYSEARCA PHYS opened at $34.73 on Friday. Sprott Physical Gold Trust has a 12 month low of $19.96 and a 12 month high of $34.83. The company’s 50 day moving average is $31.80 and its two-hundred day moving average is $28.67.

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. The company was founded on August 28, 2009 and is headquartered in Toronto, Canada.