Allworth Financial LP Has $378,000 Stock Position in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

Allworth Financial LP boosted its stake in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 93.6% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 14,364 shares of the company’s stock after buying an additional 6,946 shares during the period. Allworth Financial LP’s holdings in abrdn Physical Gold Shares ETF were worth $378,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of SGOL. Ervin Investment Management LLC grew its position in shares of abrdn Physical Gold Shares ETF by 30.5% during the 4th quarter. Ervin Investment Management LLC now owns 102,385 shares of the company’s stock worth $2,565,000 after purchasing an additional 23,910 shares in the last quarter. FMR LLC grew its position in shares of abrdn Physical Gold Shares ETF by 18.1% during the 3rd quarter. FMR LLC now owns 4,250 shares of the company’s stock worth $107,000 after purchasing an additional 652 shares in the last quarter. JPMorgan Chase & Co. grew its position in shares of abrdn Physical Gold Shares ETF by 393.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 885,680 shares of the company’s stock worth $22,257,000 after purchasing an additional 706,134 shares in the last quarter. International Assets Investment Management LLC acquired a new position in shares of abrdn Physical Gold Shares ETF during the 3rd quarter worth approximately $725,000. Finally, Arete Wealth Advisors LLC grew its position in shares of abrdn Physical Gold Shares ETF by 9.1% during the 3rd quarter. Arete Wealth Advisors LLC now owns 16,658 shares of the company’s stock worth $418,000 after purchasing an additional 1,393 shares in the last quarter.

abrdn Physical Gold Shares ETF Stock Performance

Shares of NYSEARCA:SGOL opened at $28.02 on Friday. The company’s 50 day moving average price is $26.17 and its two-hundred day moving average price is $25.35. abrdn Physical Gold Shares ETF has a 12-month low of $19.31 and a 12-month high of $28.12.

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.