Raymond James & Associates Purchases 1,052 Shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

Raymond James & Associates increased its position in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 1.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 67,603 shares of the company’s stock after purchasing an additional 1,052 shares during the period. Raymond James & Associates’ holdings in abrdn Physical Gold Shares ETF were worth $1,334,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Steward Partners Investment Advisory LLC increased its position in shares of abrdn Physical Gold Shares ETF by 65.3% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 1,762 shares of the company’s stock valued at $31,000 after purchasing an additional 696 shares during the period. Gradient Investments LLC bought a new stake in shares of abrdn Physical Gold Shares ETF during the third quarter valued at approximately $38,000. Geneos Wealth Management Inc. bought a new stake in shares of abrdn Physical Gold Shares ETF during the third quarter valued at approximately $48,000. Tower Research Capital LLC TRC boosted its stake in abrdn Physical Gold Shares ETF by 3,339.4% in the 3rd quarter. Tower Research Capital LLC TRC now owns 3,405 shares of the company’s stock valued at $54,000 after buying an additional 3,306 shares in the last quarter. Finally, Sanctuary Wealth Management L.L.C. acquired a new stake in abrdn Physical Gold Shares ETF in the 4th quarter valued at $58,000.

abrdn Physical Gold Shares ETF Stock Up 0.4 %

Shares of SGOL stock opened at $22.83 on Friday. The stock’s fifty day simple moving average is $20.81 and its 200 day simple moving average is $19.69. abrdn Physical Gold Shares ETF has a one year low of $17.35 and a one year high of $23.24.

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.