CIBC Private Wealth Group LLC raised its position in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL – Free Report) by 1.8% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 22,479 shares of the company’s stock after purchasing an additional 388 shares during the period. CIBC Private Wealth Group LLC’s holdings in abrdn Physical Gold Shares ETF were worth $571,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds have also made changes to their positions in the company. JPMorgan Chase & Co. raised its holdings in shares of abrdn Physical Gold Shares ETF by 20.4% in the 4th quarter. JPMorgan Chase & Co. now owns 1,066,473 shares of the company’s stock valued at $26,715,000 after purchasing an additional 180,793 shares in the last quarter. Bay Capital Advisors LLC bought a new position in abrdn Physical Gold Shares ETF in the fourth quarter worth approximately $696,000. Modern Wealth Management LLC bought a new position in abrdn Physical Gold Shares ETF in the fourth quarter worth approximately $223,000. Congress Wealth Management LLC DE purchased a new stake in abrdn Physical Gold Shares ETF during the fourth quarter worth $204,000. Finally, LPL Financial LLC boosted its position in abrdn Physical Gold Shares ETF by 51.2% during the 4th quarter. LPL Financial LLC now owns 1,368,033 shares of the company’s stock valued at $34,269,000 after acquiring an additional 463,144 shares in the last quarter.
abrdn Physical Gold Shares ETF Price Performance
SGOL opened at $28.96 on Friday. abrdn Physical Gold Shares ETF has a 12 month low of $21.76 and a 12 month high of $29.94. The stock has a fifty day moving average price of $28.03 and a 200-day moving average price of $26.32.
abrdn Physical Gold Shares ETF Company 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.
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