Global Assets Advisory LLC Buys Shares of 45,788 abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

Global Assets Advisory LLC bought a new stake in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 45,788 shares of the company’s stock, valued at approximately $1,162,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SGOL. Transform Wealth LLC lifted its stake in shares of abrdn Physical Gold Shares ETF by 36.1% during the 2nd quarter. Transform Wealth LLC now owns 18,840 shares of the company’s stock valued at $419,000 after buying an additional 5,000 shares in the last quarter. Ritholtz Wealth Management purchased a new stake in shares of abrdn Physical Gold Shares ETF during the 2nd quarter valued at approximately $292,000. Cetera Advisors LLC lifted its stake in shares of abrdn Physical Gold Shares ETF by 2.6% during the 1st quarter. Cetera Advisors LLC now owns 55,993 shares of the company’s stock valued at $1,189,000 after buying an additional 1,401 shares in the last quarter. AdvisorNet Financial Inc lifted its stake in shares of abrdn Physical Gold Shares ETF by 4.1% during the 1st quarter. AdvisorNet Financial Inc now owns 13,565 shares of the company’s stock valued at $288,000 after buying an additional 535 shares in the last quarter. Finally, Roman Butler Fullerton & Co. purchased a new stake in shares of abrdn Physical Gold Shares ETF during the 2nd quarter valued at approximately $315,000.

abrdn Physical Gold Shares ETF Stock Performance

Shares of SGOL stock opened at $25.94 on Thursday. The firm’s 50 day moving average is $24.72 and its 200 day moving average is $23.33. abrdn Physical Gold Shares ETF has a 12 month low of $18.48 and a 12 month high of $26.25.

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.