City Center Advisors LLC Sells 1,648 Shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

City Center Advisors LLC decreased its position in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 9.0% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 16,611 shares of the company’s stock after selling 1,648 shares during the quarter. City Center Advisors LLC’s holdings in abrdn Physical Gold Shares ETF were worth $495,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Janney Montgomery Scott LLC lifted its holdings in abrdn Physical Gold Shares ETF by 8.4% during the 4th quarter. Janney Montgomery Scott LLC now owns 19,302 shares of the company’s stock worth $484,000 after purchasing an additional 1,500 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its holdings in abrdn Physical Gold Shares ETF by 32.3% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 301,100 shares of the company’s stock worth $7,494,000 after purchasing an additional 73,500 shares in the last quarter. Consolidated Portfolio Review Corp purchased a new stake in abrdn Physical Gold Shares ETF during the 4th quarter worth about $276,000. Capital Management Associates Inc lifted its holdings in abrdn Physical Gold Shares ETF by 2.7% during the 4th quarter. Capital Management Associates Inc now owns 341,538 shares of the company’s stock worth $8,556,000 after purchasing an additional 8,900 shares in the last quarter. Finally, Elevate Capital Advisors LLC purchased a new stake in abrdn Physical Gold Shares ETF during the 4th quarter worth about $709,000.

abrdn Physical Gold Shares ETF Price Performance

Shares of SGOL opened at $31.60 on Friday. The stock’s 50-day simple moving average is $31.12 and its 200 day simple moving average is $28.21. abrdn Physical Gold Shares ETF has a 52-week low of $21.85 and a 52-week high of $32.87.

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.