Resonant Capital Advisors LLC Lowers Stock Position in abrdn Physical Gold Shares ETF $SGOL

Resonant Capital Advisors LLC cut its stake in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 0.8% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 54,675 shares of the company’s stock after selling 443 shares during the period. Resonant Capital Advisors LLC’s holdings in abrdn Physical Gold Shares ETF were worth $1,724,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in SGOL. Crewe Advisors LLC purchased a new position in shares of abrdn Physical Gold Shares ETF during the 2nd quarter worth approximately $27,000. Ameritas Advisory Services LLC acquired a new position in abrdn Physical Gold Shares ETF during the second quarter worth $28,000. UMB Bank n.a. acquired a new position in abrdn Physical Gold Shares ETF during the second quarter worth $41,000. Thurston Springer Miller Herd & Titak Inc. boosted its position in shares of abrdn Physical Gold Shares ETF by 217.4% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,825 shares of the company’s stock worth $58,000 after buying an additional 1,250 shares during the period. Finally, Main Street Group LTD grew its stake in shares of abrdn Physical Gold Shares ETF by 96.2% in the second quarter. Main Street Group LTD now owns 2,345 shares of the company’s stock valued at $74,000 after buying an additional 1,150 shares in the last quarter.

abrdn Physical Gold Shares ETF Trading Down 0.3%

SGOL stock opened at $39.11 on Friday. The business’s fifty day moving average price is $35.82 and its 200 day moving average price is $33.13. abrdn Physical Gold Shares ETF has a 12-month low of $24.41 and a 12-month high of $41.77.

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.