180 Wealth Advisors LLC Acquires 14,413 Shares of abrdn Physical Gold Shares ETF $SGOL

180 Wealth Advisors LLC boosted its holdings in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 4.8% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 316,420 shares of the company’s stock after purchasing an additional 14,413 shares during the quarter. abrdn Physical Gold Shares ETF makes up approximately 1.6% of 180 Wealth Advisors LLC’s holdings, making the stock its 7th largest holding. 180 Wealth Advisors LLC’s holdings in abrdn Physical Gold Shares ETF were worth $14,119,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the business. JPMorgan Chase & Co. increased its stake in shares of abrdn Physical Gold Shares ETF by 5.8% in the fourth quarter. JPMorgan Chase & Co. now owns 4,367,518 shares of the company’s stock worth $179,418,000 after buying an additional 238,704 shares during the last quarter. Bank of America Corp DE grew its holdings in abrdn Physical Gold Shares ETF by 2.6% during the 3rd quarter. Bank of America Corp DE now owns 3,743,548 shares of the company’s stock worth $137,800,000 after acquiring an additional 96,381 shares in the last quarter. Wells Fargo & Company MN increased its position in shares of abrdn Physical Gold Shares ETF by 2.6% in the 4th quarter. Wells Fargo & Company MN now owns 3,026,827 shares of the company’s stock worth $124,342,000 after purchasing an additional 77,300 shares during the last quarter. Morgan Stanley raised its stake in shares of abrdn Physical Gold Shares ETF by 5.7% in the 4th quarter. Morgan Stanley now owns 2,319,730 shares of the company’s stock valued at $95,295,000 after purchasing an additional 124,404 shares in the last quarter. Finally, LPL Financial LLC increased its holdings in abrdn Physical Gold Shares ETF by 17.1% in the fourth quarter. LPL Financial LLC now owns 2,059,659 shares of the company’s stock valued at $84,611,000 after buying an additional 300,746 shares during the last quarter.

Key abrdn Physical Gold Shares ETF News

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

• Positive Sentiment: Central banks, including Poland’s, are reportedly buying the dip, reinforcing demand and suggesting institutional support for gold remains firm. Poland’s central bank is buying the dip as gold’s biggest buyers aren’t backing down
• Positive Sentiment: Gold has held key technical support and remains above important psychological levels, which could help SGOL stabilize if buyers step back in. Gold (XAU/USD) Price Forecast: Can Bulls Reclaim Critical Trend Resistance?
• Neutral Sentiment: Gold and silver remain focused on technical levels, with central bank net purchases helping offset recent volatility. Gold (XAUUSD) & Silver Price Forecast: Gold Breaks Symmetrical Triangle at $4,115 as Silver Holds $60.20 – Next Move?
• Neutral Sentiment: Gold’s near-term outlook remains tied to whether it can reclaim resistance after a correction, making the ETF sensitive to short-term trading flows. Gold (XAU/USD) Price Forecast: Bullish Reversal Tests Key Resistance Levels
• Negative Sentiment: Rising Treasury yields and a stronger dollar have been a recurring headwind, weighing on gold prices and pressuring SGOL. Gold Defends $4,000 Level as Strong Dollar Caps Gains
• Negative Sentiment: Recent forecasts warn that gold’s rally may be limited by headwinds, including softer price expectations from major banks. Gold’s Rally Likely Limited by Headwinds

abrdn Physical Gold Shares ETF Stock Performance

abrdn Physical Gold Shares ETF stock traded down $0.11 during mid-day trading on Friday, reaching $39.12. The company’s stock had a trading volume of 1,477,962 shares, compared to its average volume of 5,134,437. abrdn Physical Gold Shares ETF has a twelve month low of $31.16 and a twelve month high of $52.84. The business has a 50 day moving average price of $41.46 and a 200-day moving average price of $44.20.

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.