Sprott Physical Gold Trust $PHYS Shares Bought by Brookstone Capital Management

Brookstone Capital Management grew its holdings in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 23.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 231,562 shares of the exchange traded fund’s stock after acquiring an additional 44,447 shares during the period. Brookstone Capital Management’s holdings in Sprott Physical Gold Trust were worth $7,646,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in PHYS. World Investment Advisors lifted its position in shares of Sprott Physical Gold Trust by 36.4% during the third quarter. World Investment Advisors now owns 192,058 shares of the exchange traded fund’s stock worth $5,689,000 after purchasing an additional 51,243 shares in the last quarter. D.A. Davidson & CO. purchased a new position in shares of Sprott Physical Gold Trust in the third quarter valued at $883,000. Concurrent Investment Advisors LLC grew its holdings in Sprott Physical Gold Trust by 129.2% during the 3rd quarter. Concurrent Investment Advisors LLC now owns 50,432 shares of the exchange traded fund’s stock valued at $1,494,000 after purchasing an additional 28,428 shares in the last quarter. Enclave Advisors LLC purchased a new stake in Sprott Physical Gold Trust during the 4th quarter worth $3,022,000. Finally, CWM LLC increased its stake in Sprott Physical Gold Trust by 64.0% during the 3rd quarter. CWM LLC now owns 70,078 shares of the exchange traded fund’s stock worth $2,076,000 after buying an additional 27,355 shares during the period.

Sprott Physical Gold Trust Trading Up 3.8%

Shares of PHYS stock opened at $35.44 on Wednesday. The company’s fifty day moving average price is $37.57 and its two-hundred day moving average price is $33.79. Sprott Physical Gold Trust has a 12 month low of $22.72 and a 12 month high of $42.07.

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