Almanack Investment Partners LLC. Cuts Holdings in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

Almanack Investment Partners LLC. cut its stake in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 4.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 891,620 shares of the company’s stock after selling 37,229 shares during the quarter. abrdn Physical Gold Shares ETF comprises approximately 3.4% of Almanack Investment Partners LLC.’s holdings, making the stock its 6th largest holding. Almanack Investment Partners LLC. owned approximately 0.64% of abrdn Physical Gold Shares ETF worth $22,335,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Ervin Investment Management LLC boosted its stake in shares of abrdn Physical Gold Shares ETF by 30.5% during the 4th quarter. Ervin Investment Management LLC now owns 102,385 shares of the company’s stock worth $2,565,000 after purchasing an additional 23,910 shares during the period. FMR LLC grew its stake in shares of abrdn Physical Gold Shares ETF by 18.1% during the third quarter. FMR LLC now owns 4,250 shares of the company’s stock valued at $107,000 after buying an additional 652 shares during the last quarter. International Assets Investment Management LLC purchased a new stake in shares of abrdn Physical Gold Shares ETF in the third quarter worth approximately $725,000. JPMorgan Chase & Co. lifted its stake in shares of abrdn Physical Gold Shares ETF by 393.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 885,680 shares of the company’s stock worth $22,257,000 after acquiring an additional 706,134 shares during the last quarter. Finally, Foundations Investment Advisors LLC boosted its holdings in abrdn Physical Gold Shares ETF by 24.6% during the 3rd quarter. Foundations Investment Advisors LLC now owns 58,823 shares of the company’s stock valued at $1,478,000 after acquiring an additional 11,601 shares during the period.

abrdn Physical Gold Shares ETF Stock Up 0.1 %

Shares of abrdn Physical Gold Shares ETF stock opened at $27.30 on Friday. abrdn Physical Gold Shares ETF has a 52 week low of $18.97 and a 52 week high of $27.56. The stock’s fifty day moving average is $25.68 and its two-hundred day moving average is $25.01.

About abrdn Physical Gold Shares ETF

The abrdn Physical Gold Shares ETF (SGOL) is an exchange-traded fund that is based on the LBMA Gold Price index. The fund seeks to track the spot price for gold, less trust expenses holding costs, holding physical gold bars. SGOL was launched on Sep 9, 2009 and is managed by Abrdn.