NewEdge Advisors LLC lifted its stake in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL – Free Report) by 129.9% during the second quarter, Holdings Channel.com reports. The firm owned 695,666 shares of the company’s stock after acquiring an additional 393,006 shares during the period. NewEdge Advisors LLC’s holdings in abrdn Physical Gold Shares ETF were worth $26,595,000 as of its most recent SEC filing.
Several other large investors also recently made changes to their positions in SGOL. Strategic Financial Concepts LLC acquired a new stake in abrdn Physical Gold Shares ETF in the fourth quarter valued at approximately $507,000. Kestra Advisory Services LLC increased its holdings in shares of abrdn Physical Gold Shares ETF by 28.2% during the first quarter. Kestra Advisory Services LLC now owns 692,666 shares of the company’s stock valued at $30,907,000 after acquiring an additional 152,348 shares in the last quarter. Stephens Inc. AR raised its position in shares of abrdn Physical Gold Shares ETF by 555.5% during the first quarter. Stephens Inc. AR now owns 46,540 shares of the company’s stock worth $2,077,000 after purchasing an additional 39,440 shares during the period. Osbon Capital Management LLC acquired a new position in shares of abrdn Physical Gold Shares ETF during the fourth quarter worth approximately $1,095,000. Finally, Kensington Asset Management LLC lifted its holdings in shares of abrdn Physical Gold Shares ETF by 62.9% in the 4th quarter. Kensington Asset Management LLC now owns 278,002 shares of the company’s stock worth $11,501,000 after purchasing an additional 107,318 shares in the last quarter.
abrdn Physical Gold Shares ETF Trading Up 1.0%
Shares of SGOL opened at $41.88 on Thursday. The business’s fifty day moving average is $40.58 and its 200 day moving average is $42.86. abrdn Physical Gold Shares ETF has a 12-month low of $34.49 and a 12-month high of $52.84.
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.
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