abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) Shares Sold by Pacific Financial Group Inc.

Pacific Financial Group Inc. cut its holdings in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 40.2% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 24,906 shares of the company’s stock after selling 16,737 shares during the period. Pacific Financial Group Inc.’s holdings in abrdn Physical Gold Shares ETF were worth $743,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Blue Bell Private Wealth Management LLC boosted its stake in abrdn Physical Gold Shares ETF by 0.6% in the 4th quarter. Blue Bell Private Wealth Management LLC now owns 60,661 shares of the company’s stock worth $1,520,000 after purchasing an additional 370 shares in the last quarter. CIBC Private Wealth Group LLC raised its holdings in shares of abrdn Physical Gold Shares ETF by 1.8% in the fourth quarter. CIBC Private Wealth Group LLC now owns 22,479 shares of the company’s stock worth $571,000 after buying an additional 388 shares during the last quarter. WCG Wealth Advisors LLC lifted its stake in shares of abrdn Physical Gold Shares ETF by 0.7% during the fourth quarter. WCG Wealth Advisors LLC now owns 89,888 shares of the company’s stock worth $2,252,000 after buying an additional 618 shares during the period. Global Assets Advisory LLC lifted its stake in shares of abrdn Physical Gold Shares ETF by 1.4% during the fourth quarter. Global Assets Advisory LLC now owns 46,408 shares of the company’s stock worth $1,178,000 after buying an additional 620 shares during the period. Finally, Sovereign Financial Group Inc. grew its holdings in shares of abrdn Physical Gold Shares ETF by 4.7% during the first quarter. Sovereign Financial Group Inc. now owns 14,136 shares of the company’s stock valued at $422,000 after buying an additional 630 shares during the last quarter.

abrdn Physical Gold Shares ETF Price Performance

NYSEARCA SGOL opened at $32.21 on Tuesday. The stock’s fifty day moving average price is $31.70 and its 200 day moving average price is $28.76. abrdn Physical Gold Shares ETF has a 1 year low of $21.92 and a 1 year high of $32.88.

abrdn Physical Gold Shares ETF Company 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.