abrdn Physical Gold Shares ETF $SGOL Shares Bought by Worth Asset Management LLC

Worth Asset Management LLC boosted its stake in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 128.0% in the third quarter, HoldingsChannel reports. The firm owned 55,034 shares of the company’s stock after purchasing an additional 30,899 shares during the quarter. Worth Asset Management LLC’s holdings in abrdn Physical Gold Shares ETF were worth $2,177,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Waverly Advisors LLC increased its stake in shares of abrdn Physical Gold Shares ETF by 1.3% in the second quarter. Waverly Advisors LLC now owns 966,282 shares of the company’s stock valued at $36,941,000 after purchasing an additional 12,554 shares during the period. Kensington Asset Management LLC lifted its position in shares of abrdn Physical Gold Shares ETF by 62.9% during the 4th quarter. Kensington Asset Management LLC now owns 278,002 shares of the company’s stock valued at $11,501,000 after acquiring an additional 107,318 shares during the last quarter. Osbon Capital Management LLC purchased a new position in abrdn Physical Gold Shares ETF in the 4th quarter worth about $1,095,000. Stephens Inc. AR raised its holdings in shares of abrdn Physical Gold Shares ETF by 555.5% during the first quarter. Stephens Inc. AR now owns 46,540 shares of the company’s stock valued at $2,077,000 after acquiring an additional 39,440 shares during the period. Finally, Scarborough Advisors LLC boosted its position in shares of abrdn Physical Gold Shares ETF by 26,775.3% in the first quarter. Scarborough Advisors LLC now owns 24,994 shares of the company’s stock worth $1,115,000 after buying an additional 24,901 shares during the period.

abrdn Physical Gold Shares ETF Trading Down 1.2%

NYSEARCA:SGOL traded down $0.47 on Wednesday, hitting $39.20. 1,802,982 shares of the company’s stock traded hands, compared to its average volume of 4,253,955. The firm has a 50-day moving average price of $41.25 and a 200-day moving average price of $41.75. abrdn Physical Gold Shares ETF has a 1 year low of $37.31 and a 1 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.