Brookstone Capital Management Boosts Stock Holdings in Sprott Physical Gold Trust $PHYS

Brookstone Capital Management raised its stake in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 16.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 187,115 shares of the exchange traded fund’s stock after acquiring an additional 25,825 shares during the quarter. Brookstone Capital Management’s holdings in Sprott Physical Gold Trust were worth $5,542,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in PHYS. Royal Bank of Canada boosted its holdings in shares of Sprott Physical Gold Trust by 18.3% in the 1st quarter. Royal Bank of Canada now owns 7,917,978 shares of the exchange traded fund’s stock valued at $190,507,000 after buying an additional 1,225,695 shares in the last quarter. Pekin Hardy Strauss Inc. lifted its position in Sprott Physical Gold Trust by 2.0% during the second quarter. Pekin Hardy Strauss Inc. now owns 4,310,858 shares of the exchange traded fund’s stock valued at $109,280,000 after acquiring an additional 84,300 shares during the last quarter. IMC Chicago LLC lifted its position in Sprott Physical Gold Trust by 2,849.6% during the second quarter. IMC Chicago LLC now owns 3,204,243 shares of the exchange traded fund’s stock valued at $81,228,000 after acquiring an additional 3,095,611 shares during the last quarter. Captrust Financial Advisors lifted its position in Sprott Physical Gold Trust by 0.9% during the second quarter. Captrust Financial Advisors now owns 2,453,340 shares of the exchange traded fund’s stock valued at $62,192,000 after acquiring an additional 22,778 shares during the last quarter. Finally, Jupiter Asset Management Ltd. boosted its stake in Sprott Physical Gold Trust by 15.2% in the second quarter. Jupiter Asset Management Ltd. now owns 2,249,508 shares of the exchange traded fund’s stock valued at $56,811,000 after acquiring an additional 296,330 shares in the last quarter.

Sprott Physical Gold Trust Trading Up 1.3%

Sprott Physical Gold Trust stock opened at $34.73 on Friday. The stock has a 50-day moving average of $31.80 and a two-hundred day moving average of $28.67. Sprott Physical Gold Trust has a one year low of $19.96 and a one year high of $34.83.

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.