Allen Capital Group LLC Sells 9,075 Shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

Allen Capital Group LLC decreased its position in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 1.4% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 616,980 shares of the company’s stock after selling 9,075 shares during the quarter. abrdn Physical Gold Shares ETF accounts for 1.9% of Allen Capital Group LLC’s portfolio, making the stock its 11th largest position. Allen Capital Group LLC owned about 0.44% of abrdn Physical Gold Shares ETF worth $15,505,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Transform Wealth LLC lifted its position in abrdn Physical Gold Shares ETF by 36.1% in the 2nd quarter. Transform Wealth LLC now owns 18,840 shares of the company’s stock worth $419,000 after buying an additional 5,000 shares during the last quarter. International Assets Investment Management LLC bought a new stake in abrdn Physical Gold Shares ETF in the third quarter valued at approximately $725,000. Foundations Investment Advisors LLC lifted its position in abrdn Physical Gold Shares ETF by 24.6% in the third quarter. Foundations Investment Advisors LLC now owns 58,823 shares of the company’s stock valued at $1,478,000 after purchasing an additional 11,601 shares during the last quarter. Ritholtz Wealth Management bought a new stake in abrdn Physical Gold Shares ETF in the second quarter valued at approximately $292,000. Finally, Cetera Advisors LLC lifted its position in abrdn Physical Gold Shares ETF by 2.6% in the first quarter. Cetera Advisors LLC now owns 55,993 shares of the company’s stock valued at $1,189,000 after purchasing an additional 1,401 shares during the last quarter.

abrdn Physical Gold Shares ETF Trading Up 0.9 %

Shares of SGOL stock opened at $25.51 on Friday. abrdn Physical Gold Shares ETF has a fifty-two week low of $18.90 and a fifty-two week high of $26.65. The stock has a 50 day moving average price of $25.41 and a two-hundred day moving average price of $23.79.

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.