abrdn Physical Gold Shares ETF $SGOL Position Lifted by Almanack Investment Partners LLC.

Almanack Investment Partners LLC. grew its position in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 4.6% during the second quarter, HoldingsChannel reports. The firm owned 793,755 shares of the company’s stock after buying an additional 34,761 shares during the period. abrdn Physical Gold Shares ETF accounts for approximately 4.0% of Almanack Investment Partners LLC.’s holdings, making the stock its 5th largest holding. Almanack Investment Partners LLC.’s holdings in abrdn Physical Gold Shares ETF were worth $25,035,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Ameritas Advisory Services LLC purchased a new stake in shares of abrdn Physical Gold Shares ETF during the second quarter valued at approximately $28,000. UMB Bank n.a. purchased a new stake in shares of abrdn Physical Gold Shares ETF during the second quarter valued at approximately $41,000. Thurston Springer Miller Herd & Titak Inc. raised its stake in shares of abrdn Physical Gold Shares ETF by 217.4% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,825 shares of the company’s stock valued at $58,000 after purchasing an additional 1,250 shares during the period. Main Street Group LTD raised its stake in shares of abrdn Physical Gold Shares ETF by 96.2% during the second quarter. Main Street Group LTD now owns 2,345 shares of the company’s stock valued at $74,000 after purchasing an additional 1,150 shares during the period. Finally, Costello Asset Management INC purchased a new stake in shares of abrdn Physical Gold Shares ETF during the first quarter valued at approximately $75,000.

abrdn Physical Gold Shares ETF Trading Up 1.0%

SGOL opened at $38.24 on Monday. The firm’s 50 day moving average is $34.26 and its 200-day moving average is $32.41. abrdn Physical Gold Shares ETF has a 52-week low of $24.41 and a 52-week high of $38.71.

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.