Brookstone Capital Management Sells 2,521 Shares of Sprott Physical Gold Trust $PHYS

Brookstone Capital Management decreased its position in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 1.5% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 161,290 shares of the exchange traded fund’s stock after selling 2,521 shares during the quarter. Brookstone Capital Management’s holdings in Sprott Physical Gold Trust were worth $4,089,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Ameriflex Group Inc. raised its position in shares of Sprott Physical Gold Trust by 66.7% in the second quarter. Ameriflex Group Inc. now owns 1,000 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 400 shares during the period. Tradewinds Capital Management LLC grew its stake in shares of Sprott Physical Gold Trust by 59.8% in the second quarter. Tradewinds Capital Management LLC now owns 1,088 shares of the exchange traded fund’s stock worth $28,000 after acquiring an additional 407 shares during the last quarter. Sigma Planning Corp grew its stake in shares of Sprott Physical Gold Trust by 0.7% in the first quarter. Sigma Planning Corp now owns 63,985 shares of the exchange traded fund’s stock worth $1,539,000 after acquiring an additional 425 shares during the last quarter. Stratos Wealth Partners LTD. grew its stake in shares of Sprott Physical Gold Trust by 0.3% in the second quarter. Stratos Wealth Partners LTD. now owns 160,105 shares of the exchange traded fund’s stock worth $4,059,000 after acquiring an additional 428 shares during the last quarter. Finally, Evermay Wealth Management LLC grew its stake in shares of Sprott Physical Gold Trust by 11.3% in the second quarter. Evermay Wealth Management LLC now owns 4,347 shares of the exchange traded fund’s stock worth $110,000 after acquiring an additional 441 shares during the last quarter.

Sprott Physical Gold Trust Stock Performance

Shares of Sprott Physical Gold Trust stock opened at $31.17 on Friday. The company’s fifty day simple moving average is $28.67 and its 200-day simple moving average is $26.50. Sprott Physical Gold Trust has a 1 year low of $19.63 and a 1 year high of $33.31.

Sprott Physical Gold Trust 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.