abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) Position Increased by Global Assets Advisory LLC

Global Assets Advisory LLC lifted its holdings in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 1.4% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 46,408 shares of the company’s stock after buying an additional 620 shares during the quarter. Global Assets Advisory LLC’s holdings in abrdn Physical Gold Shares ETF were worth $1,178,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Centerpoint Advisors LLC acquired a new stake in abrdn Physical Gold Shares ETF in the fourth quarter worth $81,000. Exchange Traded Concepts LLC increased its holdings in shares of abrdn Physical Gold Shares ETF by 239.3% in the 4th quarter. Exchange Traded Concepts LLC now owns 6,325 shares of the company’s stock worth $158,000 after acquiring an additional 4,461 shares during the period. Congress Wealth Management LLC DE bought a new stake in abrdn Physical Gold Shares ETF in the 4th quarter valued at about $204,000. Wealthfront Advisers LLC bought a new stake in abrdn Physical Gold Shares ETF in the 4th quarter valued at about $207,000. Finally, Natural Investments LLC acquired a new position in abrdn Physical Gold Shares ETF during the 4th quarter valued at about $208,000.

abrdn Physical Gold Shares ETF Stock Performance

Shares of NYSEARCA:SGOL opened at $31.76 on Friday. The firm’s 50 day moving average is $29.99 and its two-hundred day moving average is $27.38. abrdn Physical Gold Shares ETF has a 52 week low of $21.85 and a 52 week high of $32.87.

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.