abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) Position Lessened by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC reduced its stake in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 4.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 135,546 shares of the company’s stock after selling 6,652 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in abrdn Physical Gold Shares ETF were worth $4,042,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of SGOL. Sanctuary Advisors LLC raised its holdings in abrdn Physical Gold Shares ETF by 15.5% during the fourth quarter. Sanctuary Advisors LLC now owns 11,348 shares of the company’s stock valued at $303,000 after buying an additional 1,526 shares in the last quarter. WT Wealth Management raised its holdings in abrdn Physical Gold Shares ETF by 23.4% during the fourth quarter. WT Wealth Management now owns 438,424 shares of the company’s stock valued at $10,983,000 after buying an additional 83,171 shares in the last quarter. Proficio Capital Partners LLC raised its holdings in abrdn Physical Gold Shares ETF by 2,405.0% during the fourth quarter. Proficio Capital Partners LLC now owns 3,016,596 shares of the company’s stock valued at $75,566,000 after buying an additional 2,896,173 shares in the last quarter. US Bancorp DE raised its holdings in abrdn Physical Gold Shares ETF by 1.0% during the fourth quarter. US Bancorp DE now owns 271,221 shares of the company’s stock valued at $6,794,000 after buying an additional 2,565 shares in the last quarter. Finally, Metis Global Partners LLC raised its holdings in abrdn Physical Gold Shares ETF by 1.4% during the fourth quarter. Metis Global Partners LLC now owns 4,723,094 shares of the company’s stock valued at $118,314,000 after buying an additional 65,295 shares in the last quarter.

abrdn Physical Gold Shares ETF Stock Performance

NYSEARCA SGOL opened at $31.77 on Friday. The stock’s 50-day moving average is $31.72 and its two-hundred day moving average is $28.84. abrdn Physical Gold Shares ETF has a fifty-two week low of $22.15 and a fifty-two week high of $32.88.

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.