18,937 abrdn Physical Gold Shares ETF $SGOL Shares Bought by Fulcrum Wealth Advisors LLC

Fulcrum Wealth Advisors LLC grew its stake in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 7.1% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 286,902 shares of the company’s stock after purchasing an additional 18,937 shares during the period. abrdn Physical Gold Shares ETF makes up about 7.7% of Fulcrum Wealth Advisors LLC’s holdings, making the stock its largest position. Fulcrum Wealth Advisors LLC owned about 0.16% of abrdn Physical Gold Shares ETF worth $11,350,000 as of its most recent filing with the SEC.

Several other institutional investors also recently made changes to their positions in the stock. Waverly Advisors LLC lifted its stake in abrdn Physical Gold Shares ETF by 3,435.6% in the 1st quarter. Waverly Advisors LLC now owns 953,728 shares of the company’s stock valued at $42,555,000 after buying an additional 926,753 shares in the last quarter. NewEdge Advisors LLC grew its holdings in abrdn Physical Gold Shares ETF by 129.9% during the 2nd quarter. NewEdge Advisors LLC now owns 695,666 shares of the company’s stock valued at $26,595,000 after buying an additional 393,006 shares during the last quarter. Norris Financial Group LLC purchased a new position in abrdn Physical Gold Shares ETF during the first quarter worth $13,671,000. Kestra Advisory Services LLC increased its position in abrdn Physical Gold Shares ETF by 28.2% during the first quarter. Kestra Advisory Services LLC now owns 692,666 shares of the company’s stock worth $30,907,000 after buying an additional 152,348 shares in the last quarter. Finally, Kellett Wealth Advisors LLC purchased a new position in abrdn Physical Gold Shares ETF during the third quarter worth $5,694,000.

abrdn Physical Gold Shares ETF Price Performance

NYSEARCA SGOL opened at $39.68 on Friday. abrdn Physical Gold Shares ETF has a fifty-two week low of $37.31 and a fifty-two week high of $52.84. The business has a fifty day moving average of $41.25 and a 200-day moving average of $41.58.

abrdn Physical Gold Shares ETF News Summary

Here are the key news stories impacting abrdn Physical Gold Shares ETF this week:

• Positive Sentiment: Gold has rebounded from the $4,000 demand zone and held key support for a third consecutive week. Falling real Treasury yields and a weaker U.S. dollar are encouraging demand for the non-yielding metal, which could support SGOL if gold breaks above nearby resistance. Gold Weekly Price Forecast – Gold Tests $4,000 Demand Zone as Lower Real Yields Offer Support
• Positive Sentiment: Technical conditions remain constructive, with repeated failures below major support levels and improving weekly price structure raising the prospect of an upside breakout. A weaker dollar and easing Treasury yields have also helped gold recover. Gold (XAU/USD) Price Forecast: Bulls Face Crucial $4,226 Resistance
• Neutral Sentiment: Gold is testing resistance near $4,201-$4,226 after holding around $4,176. A breakout could improve the outlook for SGOL, while another rejection would reinforce the current consolidation pattern. Gold and Silver Price Forecast: Fed Hike Bets in Focus
• Negative Sentiment: Hot inflation data, including a 6.3% producer-price reading, is sustaining expectations for a possible December Fed rate hike. Higher-rate expectations can lift yields and reduce the appeal of gold, limiting upside for SGOL even as October hike pressure has eased. Gold Price Forecast: Warsh Eases October Hike Pressure, December Risk Remains

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.