MML Investors Services LLC lifted its stake in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL – Free Report) by 23.0% during the 3rd quarter, HoldingsChannel reports. The fund owned 84,628 shares of the company’s stock after acquiring an additional 15,800 shares during the period. MML Investors Services LLC’s holdings in abrdn Physical Gold Shares ETF were worth $2,127,000 at the end of the most recent quarter.
Several other hedge funds have also modified their holdings of the stock. Sunbelt Securities Inc. purchased a new position in abrdn Physical Gold Shares ETF during the second quarter worth approximately $26,000. Exchange Traded Concepts LLC acquired a new stake in shares of abrdn Physical Gold Shares ETF during the 3rd quarter worth $47,000. FMR LLC raised its position in shares of abrdn Physical Gold Shares ETF by 18.1% in the 3rd quarter. FMR LLC now owns 4,250 shares of the company’s stock worth $107,000 after buying an additional 652 shares during the period. Ashton Thomas Private Wealth LLC acquired a new position in abrdn Physical Gold Shares ETF in the second quarter valued at $184,000. Finally, Allworth Financial LP grew its position in abrdn Physical Gold Shares ETF by 33.3% during the third quarter. Allworth Financial LP now owns 7,418 shares of the company’s stock valued at $186,000 after acquiring an additional 1,853 shares during the period.
abrdn Physical Gold Shares ETF Stock Performance
abrdn Physical Gold Shares ETF stock opened at $25.32 on Tuesday. abrdn Physical Gold Shares ETF has a 12 month low of $18.97 and a 12 month high of $26.65. The stock’s 50-day moving average is $25.50 and its 200-day moving average is $24.15.
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.
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