Waverton Investment Management Ltd Raises Position in abrdn Physical Gold Shares ETF $SGOL

Waverton Investment Management Ltd raised its holdings in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 2.1% during the 2nd quarter, HoldingsChannel reports. The fund owned 624,960 shares of the company’s stock after acquiring an additional 12,700 shares during the quarter. Waverton Investment Management Ltd’s holdings in abrdn Physical Gold Shares ETF were worth $19,714,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also modified their holdings of the business. Ethos Financial Group LLC boosted its stake in shares of abrdn Physical Gold Shares ETF by 11.3% during the 2nd quarter. Ethos Financial Group LLC now owns 954,086 shares of the company’s stock worth $30,091,000 after acquiring an additional 97,067 shares during the last quarter. Wealth Watch Advisors INC purchased a new position in shares of abrdn Physical Gold Shares ETF during the 2nd quarter worth $781,000. Leavell Investment Management Inc. boosted its stake in shares of abrdn Physical Gold Shares ETF by 64.6% during the 2nd quarter. Leavell Investment Management Inc. now owns 12,140 shares of the company’s stock worth $383,000 after acquiring an additional 4,766 shares during the last quarter. Roman Butler Fullerton & Co. boosted its stake in shares of abrdn Physical Gold Shares ETF by 55.7% during the 2nd quarter. Roman Butler Fullerton & Co. now owns 26,767 shares of the company’s stock worth $853,000 after acquiring an additional 9,574 shares during the last quarter. Finally, BCM Advisors LLC boosted its stake in shares of abrdn Physical Gold Shares ETF by 1.4% during the 2nd quarter. BCM Advisors LLC now owns 198,699 shares of the company’s stock worth $6,299,000 after acquiring an additional 2,707 shares during the last quarter.

abrdn Physical Gold Shares ETF Stock Performance

SGOL opened at $37.97 on Thursday. abrdn Physical Gold Shares ETF has a fifty-two week low of $24.41 and a fifty-two week high of $41.77. The firm’s fifty day moving average is $36.76 and its 200 day moving average is $33.55.

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.