abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) Shares Sold by Advisors Management Group Inc. ADV

Advisors Management Group Inc. ADV cut its holdings in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 0.4% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 487,481 shares of the company’s stock after selling 2,199 shares during the quarter. abrdn Physical Gold Shares ETF accounts for 2.9% of Advisors Management Group Inc. ADV’s investment portfolio, making the stock its 5th largest position. Advisors Management Group Inc. ADV owned about 0.35% of abrdn Physical Gold Shares ETF worth $12,250,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Envestnet Asset Management Inc. lifted its position in abrdn Physical Gold Shares ETF by 3.1% in the second quarter. Envestnet Asset Management Inc. now owns 1,298,524 shares of the company’s stock valued at $28,853,000 after buying an additional 38,433 shares during the last quarter. Pure Portfolios Holdings LLC acquired a new position in shares of abrdn Physical Gold Shares ETF in the 3rd quarter worth approximately $25,415,000. Ethos Financial Group LLC increased its holdings in abrdn Physical Gold Shares ETF by 1.8% in the 1st quarter. Ethos Financial Group LLC now owns 710,560 shares of the company’s stock valued at $15,092,000 after purchasing an additional 12,682 shares during the last quarter. Mountain Lake Investment Management LLC raised its position in abrdn Physical Gold Shares ETF by 0.3% in the first quarter. Mountain Lake Investment Management LLC now owns 625,000 shares of the company’s stock valued at $13,275,000 after purchasing an additional 2,000 shares during the period. Finally, Ameliora Wealth Management Ltd. lifted its stake in abrdn Physical Gold Shares ETF by 22.7% during the third quarter. Ameliora Wealth Management Ltd. now owns 607,494 shares of the company’s stock worth $15,266,000 after purchasing an additional 112,222 shares in the last quarter.

abrdn Physical Gold Shares ETF Stock Down 3.0 %

NYSEARCA SGOL opened at $25.41 on Thursday. abrdn Physical Gold Shares ETF has a 1-year low of $18.48 and a 1-year high of $26.65. The stock has a 50-day moving average of $25.17 and a two-hundred day moving average of $23.58.

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.