abrdn Physical Gold Shares ETF $SGOL Shares Acquired by Empirical Asset Management LLC

Empirical Asset Management LLC lifted its holdings in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 21.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 205,971 shares of the company’s stock after buying an additional 36,578 shares during the quarter. abrdn Physical Gold Shares ETF makes up approximately 1.3% of Empirical Asset Management LLC’s investment portfolio, making the stock its 14th largest position. Empirical Asset Management LLC’s holdings in abrdn Physical Gold Shares ETF were worth $8,461,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in SGOL. Walleye Capital LLC acquired a new position in shares of abrdn Physical Gold Shares ETF during the 2nd quarter worth approximately $224,000. Cerity Partners LLC increased its position in shares of abrdn Physical Gold Shares ETF by 42.3% during the second quarter. Cerity Partners LLC now owns 45,134 shares of the company’s stock worth $1,428,000 after purchasing an additional 13,424 shares in the last quarter. NewEdge Advisors LLC increased its position in shares of abrdn Physical Gold Shares ETF by 1.3% during the second quarter. NewEdge Advisors LLC now owns 303,309 shares of the company’s stock worth $9,566,000 after purchasing an additional 3,891 shares in the last quarter. BNP Paribas purchased a new stake in shares of abrdn Physical Gold Shares ETF during the second quarter worth approximately $39,000. Finally, Darwin Wealth Management LLC purchased a new stake in shares of abrdn Physical Gold Shares ETF during the second quarter worth approximately $259,000.

abrdn Physical Gold Shares ETF Trading Down 0.1%

Shares of SGOL opened at $43.24 on Friday. abrdn Physical Gold Shares ETF has a one year low of $31.05 and a one year high of $52.84. The stock has a 50 day moving average price of $44.70 and a 200 day moving average price of $44.03.

abrdn Physical Gold Shares ETF News Roundup

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

• Positive Sentiment: Some reports showed gold rebounding when Treasury yields eased, which supports non-yielding assets like gold-backed ETFs such as SGOL. Gold News: Gold Market Jumps as Treasury Yields Lose Momentum
• Positive Sentiment: Weaker U.S. manufacturing and services activity, including a sharp drop in the Philly Fed survey, has reinforced expectations for slower growth and potentially lower rates, both of which can support gold demand. Gold prices anchored at $4,500 as S&P Global says U.S. economic activity continues to slow
• Positive Sentiment: Longer-term commentary remained constructive, with one report saying gold is still in a consolidation phase within a broader bull market and could eventually target much higher levels. Gold’s ‘golden decade’ enters next phase with new $8,900 target – In Gold We Trust Report
• Neutral Sentiment: Gold is trading inside a tightening technical range, which suggests a breakout is coming but does not yet indicate direction. Gold (XAU/USD) Price Forecast: Momentum Builds Inside Tightening Range
• Neutral Sentiment: Recent headlines also noted that gold steadied as lower oil prices and easing yields offset a stronger dollar, leaving investors focused on the next macro catalyst. Gold steadies, silver rises as as Hormuz risk premium fades – Kitco PM Report
• Negative Sentiment: Several market updates said gold remained under pressure from elevated Treasury yields and a stronger dollar, which reduce the appeal of holding gold through SGOL. Gold Edges Lower Amid Slightly Higher U.S. Treasury Yields
• Negative Sentiment: Technical analysis articles highlighted downside risk after gold slipped below key support levels such as $4,500 and the 200-day moving average, suggesting more volatility if buyers do not return soon. Gold price faces downside risk on break of 200-DMA and $4,350 critical support – Societe Generale

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.