Amara Financial LLC. Takes Position in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

Amara Financial LLC. purchased a new stake in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) during the third quarter, Holdings Channel reports. The institutional investor purchased 45,541 shares of the company’s stock, valued at approximately $1,144,000. abrdn Physical Gold Shares ETF makes up approximately 1.1% of Amara Financial LLC.’s investment portfolio, making the stock its 13th biggest position.

Other large investors have also recently bought and sold shares of the company. Sunbelt Securities Inc. purchased a new stake in abrdn Physical Gold Shares ETF in the 2nd quarter worth approximately $26,000. Center for Financial Planning Inc. acquired a new position in shares of abrdn Physical Gold Shares ETF in the second quarter worth $47,000. Exchange Traded Concepts LLC purchased a new stake in shares of abrdn Physical Gold Shares ETF during the third quarter worth $47,000. GPS Wealth Strategies Group LLC acquired a new stake in abrdn Physical Gold Shares ETF during the second quarter valued at $152,000. Finally, Ashton Thomas Private Wealth LLC purchased a new position in abrdn Physical Gold Shares ETF in the second quarter valued at about $184,000.

abrdn Physical Gold Shares ETF Stock Up 1.9 %

SGOL opened at $24.93 on Tuesday. abrdn Physical Gold Shares ETF has a fifty-two week low of $18.80 and a fifty-two week high of $26.65. The business has a 50-day moving average of $25.34 and a 200-day moving average of $23.75.

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.