Western Wealth Management LLC Purchases 1,860 Shares of abrdn Physical Gold Shares ETF $SGOL

Western Wealth Management LLC raised its holdings in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 16.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 13,018 shares of the company’s stock after buying an additional 1,860 shares during the quarter. Western Wealth Management LLC’s holdings in abrdn Physical Gold Shares ETF were worth $411,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in SGOL. Metis Global Partners LLC lifted its holdings in shares of abrdn Physical Gold Shares ETF by 18.1% during the 2nd quarter. Metis Global Partners LLC now owns 5,373,804 shares of the company’s stock worth $169,490,000 after acquiring an additional 824,735 shares during the period. LPL Financial LLC raised its position in abrdn Physical Gold Shares ETF by 4.7% in the first quarter. LPL Financial LLC now owns 1,432,048 shares of the company’s stock worth $42,704,000 after purchasing an additional 64,015 shares in the last quarter. Ethos Financial Group LLC lifted its stake in abrdn Physical Gold Shares ETF by 11.3% during the second quarter. Ethos Financial Group LLC now owns 954,086 shares of the company’s stock worth $30,091,000 after purchasing an additional 97,067 shares during the period. Almanack Investment Partners LLC. lifted its stake in abrdn Physical Gold Shares ETF by 4.6% during the second quarter. Almanack Investment Partners LLC. now owns 793,755 shares of the company’s stock worth $25,035,000 after purchasing an additional 34,761 shares during the period. Finally, Guardian Point Capital LP acquired a new stake in abrdn Physical Gold Shares ETF during the first quarter valued at approximately $22,365,000.

abrdn Physical Gold Shares ETF Trading Up 0.7%

SGOL stock opened at $38.78 on Wednesday. abrdn Physical Gold Shares ETF has a 1-year low of $24.69 and a 1-year high of $41.77. The business’s 50 day moving average is $37.70 and its 200-day moving average is $34.02.

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.