Channing Global Advisors LLC Takes $1.33 Million Position in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

Channing Global Advisors LLC purchased a new stake in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 67,572 shares of the company’s stock, valued at approximately $1,334,000. abrdn Physical Gold Shares ETF accounts for approximately 1.0% of Channing Global Advisors LLC’s investment portfolio, making the stock its 25th largest holding.

Other large investors also recently modified their holdings of the company. AE Wealth Management LLC grew its holdings in abrdn Physical Gold Shares ETF by 15.0% during the third quarter. AE Wealth Management LLC now owns 31,750 shares of the company’s stock worth $562,000 after acquiring an additional 4,152 shares during the period. Fiduciary Alliance LLC grew its holdings in abrdn Physical Gold Shares ETF by 3.3% during the third quarter. Fiduciary Alliance LLC now owns 220,477 shares of the company’s stock worth $3,900,000 after acquiring an additional 7,086 shares during the period. Bfsg LLC grew its holdings in abrdn Physical Gold Shares ETF by 11.0% during the third quarter. Bfsg LLC now owns 429,934 shares of the company’s stock worth $7,606,000 after acquiring an additional 42,767 shares during the period. Sheets Smith Wealth Management boosted its position in shares of abrdn Physical Gold Shares ETF by 1.5% in the 3rd quarter. Sheets Smith Wealth Management now owns 68,638 shares of the company’s stock valued at $1,214,000 after purchasing an additional 1,005 shares during the period. Finally, Vicus Capital acquired a new position in shares of abrdn Physical Gold Shares ETF in the 3rd quarter valued at $200,000.

abrdn Physical Gold Shares ETF Trading Up 0.2 %

Shares of NYSEARCA:SGOL traded up $0.05 during midday trading on Friday, reaching $22.34. The company had a trading volume of 1,528,307 shares, compared to its average volume of 3,339,358. abrdn Physical Gold Shares ETF has a 1-year low of $17.35 and a 1-year high of $23.24. The company has a fifty day simple moving average of $20.99 and a two-hundred day simple moving average of $19.81.

abrdn Physical Gold Shares ETF 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.