Sowell Financial Services LLC Reduces Stock Position in abrdn Physical Gold Shares ETF $SGOL

Sowell Financial Services LLC cut its stake in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 23.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 66,806 shares of the company’s stock after selling 20,213 shares during the period. Sowell Financial Services LLC’s holdings in abrdn Physical Gold Shares ETF were worth $2,744,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in the stock. Northeast Financial Group Inc. grew its position in shares of abrdn Physical Gold Shares ETF by 3.3% in the third quarter. Northeast Financial Group Inc. now owns 9,094 shares of the company’s stock valued at $335,000 after purchasing an additional 290 shares in the last quarter. Berkeley Capital Partners LLC grew its position in shares of abrdn Physical Gold Shares ETF by 2.6% in the third quarter. Berkeley Capital Partners LLC now owns 12,383 shares of the company’s stock valued at $456,000 after purchasing an additional 314 shares in the last quarter. True North Advisors LLC grew its position in abrdn Physical Gold Shares ETF by 0.4% in the third quarter. True North Advisors LLC now owns 81,712 shares of the company’s stock worth $3,008,000 after acquiring an additional 347 shares during the period. Prospera Financial Services Inc grew its position in abrdn Physical Gold Shares ETF by 3.9% in the third quarter. Prospera Financial Services Inc now owns 9,316 shares of the company’s stock worth $343,000 after acquiring an additional 347 shares during the period. Finally, Ashton Thomas Private Wealth LLC grew its position in abrdn Physical Gold Shares ETF by 3.4% in the third quarter. Ashton Thomas Private Wealth LLC now owns 10,938 shares of the company’s stock worth $403,000 after acquiring an additional 355 shares during the period.

abrdn Physical Gold Shares ETF Trading Down 0.4%

Shares of abrdn Physical Gold Shares ETF stock opened at $44.35 on Tuesday. abrdn Physical Gold Shares ETF has a fifty-two week low of $28.22 and a fifty-two week high of $52.84. The stock has a 50 day moving average of $47.03 and a 200 day moving average of $42.58.

Key abrdn Physical Gold Shares ETF News

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

• Positive Sentiment: Weaker U.S. services data (ISM Services PMI) is supportive for gold because softer activity can ease Fed tightening expectations and lift demand for bullion as a rate-sensitive hedge. Gold Edges Higher; ISM Services PMI Falls In March
• Positive Sentiment: Rising oil prices and talk of higher inflation are cited as tailwinds for gold (inflation hedge), which can support SGOL if energy-driven price pressures persist. Gold (XAUUSD) Price Forecast: Oil Surge Caps Gold Breakout as Inflation Risk Builds
• Positive Sentiment: Technical buyers continue to prop prices at key intra‑day levels and analysts note breakout pressure building — technical support can limit downside for the ETF. Gold, silver see price gains on technical buying
• Neutral Sentiment: Truce/ceasefire rumors and short‑term shifts in safe‑haven flows are creating oscillation around key levels (near $4,700 for spot gold), producing mixed intraday signals for SGOL. Gold (XAUUSD) & Silver Price Forecast: Gold Eyes $4,700 as Truce Rumors Cool Safe-Haven Bid
• Neutral Sentiment: Merrill comments that fundamental demand drivers should reassert after the initial Iran war shock fades — a constructive medium‑term view but not an immediate catalyst. Gold’s demand drivers ‘should once again reassert themselves’ after Iran war shock fades – Merrill’s Avioli
• Negative Sentiment: A stronger U.S. dollar and rising Treasury yields are capping gold’s upside by raising opportunity cost of holding non‑yielding bullion — a primary headwind for SGOL. Gold Falls Amid Dollar Strength, Inflation Worries Gold, US Dollar and Bond Yields: Strong Dollar Caps XAUUSD Near Key Resistance
• Negative Sentiment: Ongoing Middle East tensions have produced price shocks and volatile flows; renewed geopolitical headlines can trigger short‑term pullbacks as traders rotate in and out of gold. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Pulls Back As Traders Focus On Middle East Tensions Spot gold at $4,667/oz after ISM Services PMI falls to 54 in March as Iran price shocks raise concern

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.