abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) Hits New 1-Year High at $21.13

abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $21.13 and last traded at $21.11, with a volume of 256644 shares. The stock had previously closed at $20.96.

abrdn Physical Gold Shares ETF Stock Up 1.0 %

The business has a fifty day moving average price of $19.85 and a 200 day moving average price of $19.23.

Institutional Investors Weigh In On abrdn Physical Gold Shares ETF

Several large investors have recently added to or reduced their stakes in the business. Steward Partners Investment Advisory LLC boosted its position in shares of abrdn Physical Gold Shares ETF by 65.3% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 1,762 shares of the company’s stock worth $31,000 after purchasing an additional 696 shares in the last quarter. Keener Financial Planning LLC bought a new position in abrdn Physical Gold Shares ETF in the 4th quarter valued at $35,000. Gradient Investments LLC purchased a new position in shares of abrdn Physical Gold Shares ETF in the 3rd quarter worth about $38,000. Householder Group Estate & Retirement Specialist LLC bought a new stake in abrdn Physical Gold Shares ETF in the third quarter worth about $43,000. Finally, Geneos Wealth Management Inc. purchased a new position in abrdn Physical Gold Shares ETF in the third quarter valued at approximately $48,000.

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.