Franklin Resources Inc. Has $6.50 Million Stake in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

Franklin Resources Inc. decreased its holdings in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 1.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 259,312 shares of the company’s stock after selling 3,067 shares during the quarter. Franklin Resources Inc.’s holdings in abrdn Physical Gold Shares ETF were worth $6,496,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of SGOL. Proficio Capital Partners LLC boosted its stake in abrdn Physical Gold Shares ETF by 2,405.0% during the 4th quarter. Proficio Capital Partners LLC now owns 3,016,596 shares of the company’s stock worth $75,566,000 after acquiring an additional 2,896,173 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in abrdn Physical Gold Shares ETF by 393.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 885,680 shares of the company’s stock worth $22,257,000 after acquiring an additional 706,134 shares during the last quarter. LPL Financial LLC boosted its stake in abrdn Physical Gold Shares ETF by 51.2% during the 4th quarter. LPL Financial LLC now owns 1,368,033 shares of the company’s stock worth $34,269,000 after acquiring an additional 463,144 shares during the last quarter. Stonebridge Financial Group LLC bought a new position in abrdn Physical Gold Shares ETF during the 4th quarter worth approximately $11,128,000. Finally, Choate Investment Advisors bought a new position in abrdn Physical Gold Shares ETF during the 4th quarter worth approximately $6,700,000.

abrdn Physical Gold Shares ETF Price Performance

abrdn Physical Gold Shares ETF stock opened at $29.51 on Thursday. The company’s 50 day simple moving average is $28.27 and its 200 day simple moving average is $26.46. abrdn Physical Gold Shares ETF has a fifty-two week low of $21.76 and a fifty-two week high of $29.94.

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.