1,864 Shares in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) Acquired by Exchange Traded Concepts LLC

Exchange Traded Concepts LLC purchased a new position in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) in the third quarter, Holdings Channel reports. The fund purchased 1,864 shares of the company’s stock, valued at approximately $47,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Priebe Wealth Holdings LLC lifted its holdings in abrdn Physical Gold Shares ETF by 8.0% in the third quarter. Priebe Wealth Holdings LLC now owns 10,100 shares of the company’s stock valued at $254,000 after acquiring an additional 750 shares during the period. Castle Rock Wealth Management LLC lifted its position in shares of abrdn Physical Gold Shares ETF by 1.5% during the 3rd quarter. Castle Rock Wealth Management LLC now owns 62,155 shares of the company’s stock valued at $1,572,000 after buying an additional 946 shares in the last quarter. CWM LLC lifted its position in shares of abrdn Physical Gold Shares ETF by 15.7% during the 3rd quarter. CWM LLC now owns 473,922 shares of the company’s stock valued at $11,910,000 after buying an additional 64,316 shares in the last quarter. Sovereign Financial Group Inc. grew its stake in abrdn Physical Gold Shares ETF by 13.5% in the 3rd quarter. Sovereign Financial Group Inc. now owns 13,449 shares of the company’s stock valued at $338,000 after acquiring an additional 1,598 shares during the period. Finally, Brookstone Capital Management increased its holdings in abrdn Physical Gold Shares ETF by 1.4% in the 3rd quarter. Brookstone Capital Management now owns 127,373 shares of the company’s stock worth $3,201,000 after acquiring an additional 1,715 shares in the last quarter.

abrdn Physical Gold Shares ETF Stock Down 1.2 %

SGOL opened at $25.94 on Thursday. The firm’s fifty day simple moving average is $24.72 and its two-hundred day simple moving average is $23.33. abrdn Physical Gold Shares ETF has a 52-week low of $18.48 and a 52-week high of $26.25.

abrdn Physical Gold Shares ETF Company 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.