HighTower Advisors LLC Cuts Stake in abrdn Physical Gold Shares ETF $SGOL

HighTower Advisors LLC decreased its holdings in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 1.7% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,833,770 shares of the company’s stock after selling 31,505 shares during the period. HighTower Advisors LLC’s holdings in abrdn Physical Gold Shares ETF were worth $75,331,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the business. Northeast Financial Group Inc. boosted its stake in shares of abrdn Physical Gold Shares ETF by 3.3% in the 3rd quarter. Northeast Financial Group Inc. now owns 9,094 shares of the company’s stock valued at $335,000 after purchasing an additional 290 shares in the last quarter. Berkeley Capital Partners LLC boosted its stake in shares of abrdn Physical Gold Shares ETF by 2.6% in the 3rd quarter. Berkeley Capital Partners LLC now owns 12,383 shares of the company’s stock valued at $456,000 after purchasing an additional 314 shares in the last quarter. Prospera Financial Services Inc boosted its stake in shares of abrdn Physical Gold Shares ETF by 3.9% in the 3rd quarter. Prospera Financial Services Inc now owns 9,316 shares of the company’s stock valued at $343,000 after purchasing an additional 347 shares in the last quarter. Ashton Thomas Private Wealth LLC grew its position in abrdn Physical Gold Shares ETF by 3.4% during the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 10,938 shares of the company’s stock worth $403,000 after acquiring an additional 355 shares during the last quarter. Finally, Barnes Wealth Management Group Inc grew its position in abrdn Physical Gold Shares ETF by 4.1% during the 3rd quarter. Barnes Wealth Management Group Inc now owns 9,876 shares of the company’s stock worth $364,000 after acquiring an additional 390 shares during the last quarter.

abrdn Physical Gold Shares ETF News Summary

Here are the key news stories impacting abrdn Physical Gold Shares ETF this week:

• Positive Sentiment: Gold prices rebounded as Treasury yields eased and oil prices pulled back, improving sentiment for precious metals and supporting gold-backed ETFs like SGOL. Gold, silver rebound as yields ease, Hormuz risk premium narrows – Kitco AM Report
• Positive Sentiment: Several outlook pieces turned constructive, with analysts saying gold could resume its rally if central banks keep buying and interest rates do not rise further, which would be a tailwind for SGOL. Gold’s rally will resume after Iran war, with price reaching $5,400/oz by H1 2027 – Lombard Odier
• Positive Sentiment: Gold also benefited from safe-haven demand tied to geopolitical risk and concerns about inflation and bonds, keeping medium-term demand for the metal intact. Central banks are buying more gold than expected, and purchases will increase further through 2026 – Goldman Sachs
• Neutral Sentiment: Some technical reports noted that gold remains in a short-term corrective phase after falling below key levels such as $4,500, which could limit upside if yields rise again. Gold (XAU/USD) Price Forecast: Bearish Correction Tests Key Support Zones
• Neutral Sentiment: Other commentary highlighted that gold is still being driven mainly by Treasury yields and Fed expectations, suggesting SGOL may continue to trade on macroeconomic rate signals in the near term. Gold Price Analysis – Gold Moves on Rate Again
• Negative Sentiment: Analysts also warned that gold has downside risk after breaking below key support and could fall further if bond yields keep rising and risk appetite improves. Gold price faces downside risk on break of 200-DMA and $4,350 critical support – Societe Generale

abrdn Physical Gold Shares ETF Stock Performance

SGOL opened at $43.30 on Thursday. The stock’s 50 day simple moving average is $44.83 and its 200 day simple moving average is $44.00. abrdn Physical Gold Shares ETF has a 1 year low of $31.05 and a 1 year high of $52.84.

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.