Independent Advisor Alliance Makes New $393,000 Investment in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

Independent Advisor Alliance acquired a new position in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOLFree Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 15,684 shares of the company’s stock, valued at approximately $393,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Centerpoint Advisors LLC bought a new stake in abrdn Physical Gold Shares ETF during the 4th quarter worth about $81,000. FMR LLC grew its holdings in 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 acquiring an additional 652 shares during the last quarter. Exchange Traded Concepts LLC grew its holdings in abrdn Physical Gold Shares ETF by 239.3% during the 4th quarter. Exchange Traded Concepts LLC now owns 6,325 shares of the company’s stock worth $158,000 after acquiring an additional 4,461 shares during the last quarter. Darwin Wealth Management LLC bought a new stake in abrdn Physical Gold Shares ETF during the 3rd quarter worth about $213,000. Finally, Orion Portfolio Solutions LLC bought a new stake in abrdn Physical Gold Shares ETF during the 3rd quarter worth about $232,000.

abrdn Physical Gold Shares ETF Price Performance

Shares of NYSEARCA:SGOL opened at $28.64 on Tuesday. abrdn Physical Gold Shares ETF has a 12 month low of $20.55 and a 12 month high of $28.64. The company’s 50-day moving average price is $27.08 and its two-hundred day moving average price is $25.85.

abrdn Physical Gold Shares ETF Company Profile

(Free Report)

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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Institutional Ownership by Quarter for abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

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