Kellett Wealth Advisors LLC Purchases New Position in abrdn Physical Gold Shares ETF $SGOL

Kellett Wealth Advisors LLC acquired a new stake in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 143,937 shares of the company’s stock, valued at approximately $5,694,000. abrdn Physical Gold Shares ETF accounts for about 2.2% of Kellett Wealth Advisors LLC’s investment portfolio, making the stock its 9th biggest holding. Kellett Wealth Advisors LLC owned approximately 0.08% of abrdn Physical Gold Shares ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Sound Income Strategies LLC increased its position in abrdn Physical Gold Shares ETF by 97.9% in the first quarter. Sound Income Strategies LLC now owns 831 shares of the company’s stock worth $38,000 after buying an additional 411 shares during the period. NBT Bank N A NY lifted its stake in abrdn Physical Gold Shares ETF by 4,290.2% in the first quarter. NBT Bank N A NY now owns 1,800 shares of the company’s stock valued at $80,000 after buying an additional 1,759 shares during the last quarter. McIlrath & Eck LLC acquired a new position in shares of abrdn Physical Gold Shares ETF during the first quarter valued at $87,000. Capital Advisors Ltd. LLC acquired a new position in shares of abrdn Physical Gold Shares ETF during the first quarter valued at $91,000. Finally, Main Street Group LTD acquired a new position in shares of abrdn Physical Gold Shares ETF during the first quarter valued at $105,000.

abrdn Physical Gold Shares ETF Stock Performance

abrdn Physical Gold Shares ETF stock opened at $39.03 on Thursday. The company has a 50-day simple moving average of $41.30 and a 200-day simple moving average of $41.62. abrdn Physical Gold Shares ETF has a one year low of $37.31 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.