abrdn Physical Gold Shares ETF $SGOL Stake Boosted by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. increased its position in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 22.9% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 524,550 shares of the company’s stock after purchasing an additional 97,700 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in abrdn Physical Gold Shares ETF were worth $16,544,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. LPL Financial LLC lifted its stake in abrdn Physical Gold Shares ETF by 4.7% during the first quarter. LPL Financial LLC now owns 1,432,048 shares of the company’s stock worth $42,704,000 after purchasing an additional 64,015 shares during the last quarter. Pure Portfolios Holdings LLC lifted its stake in abrdn Physical Gold Shares ETF by 0.8% during the first quarter. Pure Portfolios Holdings LLC now owns 1,072,147 shares of the company’s stock worth $31,971,000 after purchasing an additional 8,942 shares during the last quarter. Ethos Financial Group LLC lifted its stake in abrdn Physical Gold Shares ETF by 0.9% during the first quarter. Ethos Financial Group LLC now owns 857,019 shares of the company’s stock worth $25,556,000 after purchasing an additional 7,231 shares during the last quarter. Guardian Point Capital LP bought a new position in abrdn Physical Gold Shares ETF during the first quarter worth $22,365,000. Finally, Towneley Capital Management Inc DE lifted its stake in abrdn Physical Gold Shares ETF by 2.7% during the first quarter. Towneley Capital Management Inc DE now owns 738,788 shares of the company’s stock worth $22,031,000 after purchasing an additional 19,136 shares during the last quarter.

abrdn Physical Gold Shares ETF Stock Performance

Shares of SGOL opened at $37.04 on Friday. The business’s fifty day moving average price is $33.62 and its 200 day moving average price is $32.07. abrdn Physical Gold Shares ETF has a 12-month low of $24.41 and a 12-month high of $37.15.

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.