Bank of America Corp DE Raises Holdings in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

Bank of America Corp DE grew its position in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 3.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,442,497 shares of the company’s stock after purchasing an additional 107,640 shares during the period. Bank of America Corp DE owned approximately 2.46% of abrdn Physical Gold Shares ETF worth $86,235,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Centerpoint Advisors LLC purchased a new position in abrdn Physical Gold Shares ETF in the fourth quarter worth about $81,000. Exchange Traded Concepts LLC raised its stake in abrdn Physical Gold Shares ETF by 239.3% in the fourth quarter. Exchange Traded Concepts LLC now owns 6,325 shares of the company’s stock worth $158,000 after buying an additional 4,461 shares in the last quarter. Congress Wealth Management LLC DE bought a new position in abrdn Physical Gold Shares ETF in the fourth quarter worth approximately $204,000. Wealthfront Advisers LLC bought a new position in abrdn Physical Gold Shares ETF in the fourth quarter worth approximately $207,000. Finally, Natural Investments LLC bought a new position in abrdn Physical Gold Shares ETF in the fourth quarter worth approximately $208,000.

abrdn Physical Gold Shares ETF Stock Up 0.7%

NYSEARCA SGOL opened at $31.76 on Monday. The firm’s fifty day simple moving average is $29.99 and its two-hundred day simple moving average is $27.40. abrdn Physical Gold Shares ETF has a 12-month low of $21.85 and a 12-month 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.