Mather Group LLC. Reduces Position in abrdn Physical Gold Shares ETF $SGOL

Mather Group LLC. trimmed its stake in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 1.7% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 44,197 shares of the company’s stock after selling 763 shares during the quarter. Mather Group LLC.’s holdings in abrdn Physical Gold Shares ETF were worth $1,394,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the stock. LPL Financial LLC raised its stake in abrdn Physical Gold Shares ETF by 4.7% in the 1st quarter. LPL Financial LLC now owns 1,432,048 shares of the company’s stock valued at $42,704,000 after purchasing an additional 64,015 shares during the last quarter. Pure Portfolios Holdings LLC boosted its stake in shares of abrdn Physical Gold Shares ETF by 0.8% during the 1st quarter. Pure Portfolios Holdings LLC now owns 1,072,147 shares of the company’s stock worth $31,971,000 after purchasing an additional 8,942 shares during the last quarter. Ethos Financial Group LLC grew its holdings in shares of abrdn Physical Gold Shares ETF by 0.9% during the first quarter. Ethos Financial Group LLC now owns 857,019 shares of the company’s stock worth $25,556,000 after buying an additional 7,231 shares in the last quarter. Guardian Point Capital LP acquired a new position in shares of abrdn Physical Gold Shares ETF in the first quarter valued at approximately $22,365,000. Finally, Towneley Capital Management Inc DE raised its position in shares of abrdn Physical Gold Shares ETF by 2.7% in the first quarter. Towneley Capital Management Inc DE now owns 738,788 shares of the company’s stock valued at $22,031,000 after buying an additional 19,136 shares during the last quarter.

abrdn Physical Gold Shares ETF Stock Performance

Shares of NYSEARCA SGOL opened at $35.57 on Thursday. abrdn Physical Gold Shares ETF has a 1 year low of $24.41 and a 1 year high of $36.12. The firm’s 50 day moving average price is $33.01 and its 200 day moving average price is $31.65.

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.