Narwhal Capital Management Sells 2,204 Shares of abrdn Physical Gold Shares ETF $SGOL

Narwhal Capital Management lowered its stake in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 1.8% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 117,976 shares of the company’s stock after selling 2,204 shares during the quarter. Narwhal Capital Management owned approximately 0.07% of abrdn Physical Gold Shares ETF worth $3,721,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Ameritas Advisory Services LLC bought a new position in abrdn Physical Gold Shares ETF during the second quarter valued at about $28,000. UMB Bank n.a. bought a new position in abrdn Physical Gold Shares ETF during the second quarter valued at about $41,000. Thurston Springer Miller Herd & Titak Inc. grew its position in abrdn Physical Gold Shares ETF by 217.4% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,825 shares of the company’s stock valued at $58,000 after buying an additional 1,250 shares during the period. Main Street Group LTD grew its position in abrdn Physical Gold Shares ETF by 96.2% during the second quarter. Main Street Group LTD now owns 2,345 shares of the company’s stock valued at $74,000 after buying an additional 1,150 shares during the period. Finally, Costello Asset Management INC bought a new position in abrdn Physical Gold Shares ETF during the first quarter valued at about $75,000.

abrdn Physical Gold Shares ETF Stock Performance

SGOL opened at $38.57 on Thursday. The firm has a 50-day moving average of $34.01 and a 200 day moving average of $32.23. abrdn Physical Gold Shares ETF has a fifty-two week low of $24.41 and a fifty-two week high of $38.71.

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.