Farmers & Merchants Investments Inc. reduced its position in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL – Free Report) by 43.6% in the 4th quarter, HoldingsChannel.com reports. The fund owned 1,355 shares of the company’s stock after selling 1,046 shares during the period. Farmers & Merchants Investments Inc.’s holdings in abrdn Physical Gold Shares ETF were worth $34,000 as of its most recent SEC filing.
A number of other hedge funds also recently added to or reduced their stakes in SGOL. Capital Management Associates Inc lifted its holdings in abrdn Physical Gold Shares ETF by 2.7% during the fourth quarter. Capital Management Associates Inc now owns 341,538 shares of the company’s stock worth $8,556,000 after buying an additional 8,900 shares during the period. Consolidated Portfolio Review Corp purchased a new stake in shares of abrdn Physical Gold Shares ETF during the 4th quarter worth $276,000. Silver Oak Securities Incorporated purchased a new stake in shares of abrdn Physical Gold Shares ETF during the 4th quarter worth $955,000. Syntegra Private Wealth Group LLC bought a new stake in abrdn Physical Gold Shares ETF during the fourth quarter valued at about $326,000. Finally, Choreo LLC grew its stake in abrdn Physical Gold Shares ETF by 489.6% in the fourth quarter. Choreo LLC now owns 111,716 shares of the company’s stock valued at $2,781,000 after purchasing an additional 92,769 shares during the last quarter.
abrdn Physical Gold Shares ETF Price Performance
SGOL stock opened at $27.30 on Monday. abrdn Physical Gold Shares ETF has a one year low of $18.97 and a one year high of $27.56. The firm has a 50-day simple moving average of $25.68 and a two-hundred day simple moving average of $25.04.
abrdn Physical Gold Shares ETF Profile
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.
Recommended Stories
- Five stocks we like better than abrdn Physical Gold Shares ETF
- What is the FTSE 100 index?
- 3 Volatility ETFs to Help You Profit from Market Chaos
- Are Penny Stocks a Good Fit for Your Portfolio?
- Lam Research: Is a NAND Upgrade Cycle the Next Growth Catalyst?
- Golden Cross Stocks: Pattern, Examples and Charts
- Chipotle’s Slip: A Short-Term Dip or Long-Term Opportunity?
Want to see what other hedge funds are holding SGOL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for abrdn Physical Gold Shares ETF (NYSEARCA:SGOL – Free Report).
Receive News & Ratings for abrdn Physical Gold Shares ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for abrdn Physical Gold Shares ETF and related companies with MarketBeat.com's FREE daily email newsletter.
