Narwhal Capital Management Sells 10,194 Shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

Narwhal Capital Management decreased its stake in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 7.1% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 133,869 shares of the company’s stock after selling 10,194 shares during the period. Narwhal Capital Management owned 0.10% of abrdn Physical Gold Shares ETF worth $2,975,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the stock. Global Assets Advisory LLC grew its holdings in abrdn Physical Gold Shares ETF by 1,462.1% during the first quarter. Global Assets Advisory LLC now owns 797,211 shares of the company’s stock valued at $16,933,000 after purchasing an additional 746,178 shares during the last quarter. Advisors Management Group Inc. ADV acquired a new position in abrdn Physical Gold Shares ETF in the 1st quarter valued at $10,504,000. Cetera Investment Advisers raised its holdings in abrdn Physical Gold Shares ETF by 293.6% in the 1st quarter. Cetera Investment Advisers now owns 388,069 shares of the company’s stock worth $8,243,000 after acquiring an additional 289,465 shares during the period. Focus Financial Network Inc. ADV acquired a new position in abrdn Physical Gold Shares ETF during the 4th quarter worth $5,525,000. Finally, Inspire Advisors LLC boosted its holdings in abrdn Physical Gold Shares ETF by 115.7% during the first quarter. Inspire Advisors LLC now owns 328,760 shares of the company’s stock valued at $6,983,000 after acquiring an additional 176,354 shares during the period.

abrdn Physical Gold Shares ETF Stock Down 0.8 %

Shares of NYSEARCA:SGOL opened at $23.83 on Friday. The stock’s 50-day moving average is $23.29 and its 200-day moving average is $22.27. abrdn Physical Gold Shares ETF has a 52-week low of $17.35 and a 52-week high of $24.18.

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.