abrdn Physical Gold Shares ETF $SGOL Stock: Kestra Advisory Services LLC Increases Holdings

Kestra Advisory Services LLC increased its position in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 12.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 691,046 shares of the company’s stock after acquiring an additional 75,524 shares during the quarter. Kestra Advisory Services LLC owned about 0.39% of abrdn Physical Gold Shares ETF worth $27,338,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. TD Waterhouse Canada Inc. acquired a new stake in abrdn Physical Gold Shares ETF in the third quarter worth $72,000. McIlrath & Eck LLC bought a new position in shares of abrdn Physical Gold Shares ETF during the first quarter worth $87,000. Main Street Group LTD acquired a new position in shares of abrdn Physical Gold Shares ETF in the 1st quarter valued at $105,000. Sachetta LLC grew its holdings in shares of abrdn Physical Gold Shares ETF by 8.2% in the 1st quarter. Sachetta LLC now owns 3,165 shares of the company’s stock valued at $141,000 after buying an additional 240 shares during the period. Finally, Tucker Asset Management LLC acquired a new position in shares of abrdn Physical Gold Shares ETF in the 2nd quarter valued at $207,000.

abrdn Physical Gold Shares ETF News Summary

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

• Positive Sentiment: Gold’s rebound has produced bullish breakout signals, raising the possibility that its recent correction is ending. Lower Treasury yields and a weaker dollar earlier in the week helped support demand. Gold (XAU/USD) Price Forecast: Breakout Signals Potential End to Correction
• Positive Sentiment: The World Bank expects gold to remain above $4,000 through 2028, a longer-term supportive signal for an ETF holding physical gold, though it cautions that investors may not see 2026’s exceptional gains repeated. World Bank sees gold holding above $4,000 through 2028
• Neutral Sentiment: Gold rallied amid a volatile week and post-election developments, but analysts are divided on whether the recovery can continue. The rally’s durability may determine whether SGOL can regain ground. Wall Street split on gold following midterm election
• Negative Sentiment: Stronger-than-expected U.S. payrolls lifted the dollar and weighed on gold, as robust employment can reduce expectations for interest-rate cuts. Friday’s pullback also tests whether former resistance levels can now act as support. Gold retreats as dollar rallies after NFP report

abrdn Physical Gold Shares ETF Stock Performance

SGOL opened at $38.70 on Friday. abrdn Physical Gold Shares ETF has a 12 month low of $36.83 and a 12 month high of $52.84. The company has a fifty day simple moving average of $39.97 and a 200 day simple moving average of $42.70.

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.