11,742 Shares in abrdn Physical Gold Shares ETF $SGOL Bought by Cardinal Point Capital Management ULC

Cardinal Point Capital Management ULC acquired a new stake in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) during the third quarter, Holdings Channel.com reports. The firm acquired 11,742 shares of the company’s stock, valued at approximately $460,000.

Several other large investors have also recently bought and sold shares of the stock. Lido Advisors LLC raised its position in abrdn Physical Gold Shares ETF by 1.8% in the second quarter. Lido Advisors LLC now owns 17,742 shares of the company’s stock worth $560,000 after purchasing an additional 320 shares in the last quarter. True North Advisors LLC lifted its stake in abrdn Physical Gold Shares ETF by 0.4% in the third quarter. True North Advisors LLC now owns 81,712 shares of the company’s stock valued at $3,008,000 after buying an additional 347 shares during the period. Ashton Thomas Private Wealth LLC grew its holdings in shares of abrdn Physical Gold Shares ETF by 3.4% in the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 10,938 shares of the company’s stock valued at $403,000 after buying an additional 355 shares during the period. MAI Capital Management increased its stake in abrdn Physical Gold Shares ETF by 0.9% during the 2nd quarter. MAI Capital Management now owns 40,052 shares of the company’s stock worth $1,263,000 after purchasing an additional 369 shares in the last quarter. Finally, Perigon Wealth Management LLC raised its stake in shares of abrdn Physical Gold Shares ETF by 1.6% in the 3rd quarter. Perigon Wealth Management LLC now owns 24,864 shares of the company’s stock valued at $915,000 after purchasing an additional 400 shares during the period.

abrdn Physical Gold Shares ETF News Summary

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

• Positive Sentiment: Geopolitical safe‑haven demand is boosting gold prices after rising U.S.–Iran tensions revived investor interest in bullion. Read More.
• Positive Sentiment: A softer U.S. dollar and looming U.S. jobs (NFP) data are cited as catalysts that could push gold through recent breakout levels, supporting gold‑linked ETFs like SGOL. Read More.
• Positive Sentiment: Structural demand shifts — including central‑bank accumulation and the growing impact of tokenized gold — are improving liquidity and longer‑term bullion demand, a tailwind for physically backed gold ETFs. Read More.
• Neutral Sentiment: Analysts note gold has reclaimed and held the $5,000/oz area in several sessions; forecasts differ on sustainability, so short‑term direction may be data‑dependent. Read More.
• Neutral Sentiment: Market structure has moved into a higher‑volatility regime, raising both upside and downside intraday swings for gold and SGOL. Read More.
• Negative Sentiment: Technical analysts warn of a corrective pullback scenario (one note targets ~$4,400/oz), highlighting momentum divergence that could sap near‑term gains. Read More.
• Negative Sentiment: Reports flagged an early session decline tied to a possible technical correction after recent record closes, underscoring short‑term downside risk. Read More.

abrdn Physical Gold Shares ETF Trading Up 2.6%

Shares of SGOL stock opened at $48.40 on Tuesday. The company has a fifty day moving average price of $43.53 and a two-hundred day moving average price of $38.64. abrdn Physical Gold Shares ETF has a one year low of $27.02 and a one year high of $52.84.

abrdn Physical Gold Shares ETF 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.