abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) Shares Purchased by Towneley Capital Management Inc DE

Towneley Capital Management Inc DE raised its stake in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 2.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 738,788 shares of the company’s stock after purchasing an additional 19,136 shares during the quarter. abrdn Physical Gold Shares ETF comprises about 5.2% of Towneley Capital Management Inc DE’s investment portfolio, making the stock its 6th biggest position. Towneley Capital Management Inc DE’s holdings in abrdn Physical Gold Shares ETF were worth $22,031,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its stake in shares of abrdn Physical Gold Shares ETF by 20.4% during the fourth quarter. JPMorgan Chase & Co. now owns 1,066,473 shares of the company’s stock valued at $26,715,000 after purchasing an additional 180,793 shares during the period. Sanctuary Advisors LLC grew its holdings in abrdn Physical Gold Shares ETF by 15.5% during the 4th quarter. Sanctuary Advisors LLC now owns 11,348 shares of the company’s stock valued at $303,000 after purchasing an additional 1,526 shares in the last quarter. Rockefeller Capital Management L.P. increased its stake in abrdn Physical Gold Shares ETF by 3.5% during the 4th quarter. Rockefeller Capital Management L.P. now owns 65,248 shares of the company’s stock worth $1,634,000 after buying an additional 2,236 shares during the period. Wealthfront Advisers LLC purchased a new stake in abrdn Physical Gold Shares ETF during the 4th quarter worth $207,000. Finally, Ameriprise Financial Inc. lifted its holdings in abrdn Physical Gold Shares ETF by 26.7% in the 4th quarter. Ameriprise Financial Inc. now owns 185,200 shares of the company’s stock worth $4,641,000 after buying an additional 39,075 shares in the last quarter.

abrdn Physical Gold Shares ETF Price Performance

NYSEARCA:SGOL opened at $31.60 on Friday. The firm has a 50-day moving average of $31.12 and a two-hundred day moving average of $28.19. abrdn Physical Gold Shares ETF has a 1-year low of $21.85 and a 1-year high of $32.87.

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.