ORG Partners LLC Has $5.06 Million Stock Holdings in Sprott Physical Gold Trust (NYSEARCA:PHYS)

ORG Partners LLC cut its position in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 0.7% during the third quarter, Holdings Channel reports. The institutional investor owned 248,321 shares of the exchange traded fund’s stock after selling 1,854 shares during the quarter. Sprott Physical Gold Trust comprises 0.8% of ORG Partners LLC’s holdings, making the stock its 27th biggest position. ORG Partners LLC’s holdings in Sprott Physical Gold Trust were worth $5,061,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in PHYS. Oliver Luxxe Assets LLC bought a new position in Sprott Physical Gold Trust during the third quarter worth about $203,000. Concourse Financial Group Securities Inc. lifted its stake in Sprott Physical Gold Trust by 9.8% during the third quarter. Concourse Financial Group Securities Inc. now owns 6,893 shares of the exchange traded fund’s stock worth $140,000 after purchasing an additional 615 shares during the period. Montis Financial LLC lifted its stake in Sprott Physical Gold Trust by 2.8% during the third quarter. Montis Financial LLC now owns 90,659 shares of the exchange traded fund’s stock worth $1,848,000 after purchasing an additional 2,500 shares during the period. Brookstone Capital Management lifted its stake in Sprott Physical Gold Trust by 21.3% during the third quarter. Brookstone Capital Management now owns 159,593 shares of the exchange traded fund’s stock worth $3,253,000 after purchasing an additional 28,044 shares during the period. Finally, Camelot Technology Advisors Inc. lifted its stake in Sprott Physical Gold Trust by 16.9% during the third quarter. Camelot Technology Advisors Inc. now owns 187,700 shares of the exchange traded fund’s stock worth $3,825,000 after purchasing an additional 27,095 shares during the period.

Sprott Physical Gold Trust Stock Down 0.4 %

PHYS traded down $0.09 during midday trading on Monday, reaching $20.55. 321,409 shares of the company’s stock were exchanged, compared to its average volume of 2,035,585. Sprott Physical Gold Trust has a one year low of $14.78 and a one year high of $20.75. The business has a 50-day simple moving average of $19.78 and a two-hundred day simple moving average of $18.78.

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.