Timonier Family Office LTD. purchased a new position in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL – Free Report) during the 3rd quarter, HoldingsChannel reports. The institutional investor purchased 12,084 shares of the company’s stock, valued at approximately $445,000.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in SGOL. Crewe Advisors LLC bought a new position in shares of abrdn Physical Gold Shares ETF in the second quarter worth about $27,000. Ameritas Advisory Services LLC bought a new position in abrdn Physical Gold Shares ETF in the 2nd quarter worth approximately $28,000. Sound Income Strategies LLC bought a new position in abrdn Physical Gold Shares ETF in the 3rd quarter worth approximately $34,000. Glass Jacobson Investment Advisors llc acquired a new position in abrdn Physical Gold Shares ETF during the 3rd quarter worth $37,000. Finally, BNP Paribas bought a new position in abrdn Physical Gold Shares ETF in the 2nd quarter valued at $39,000.
abrdn Physical Gold Shares ETF Stock Performance
SGOL stock opened at $47.18 on Friday. abrdn Physical Gold Shares ETF has a twelve month low of $27.02 and a twelve month high of $52.84. The business has a fifty day moving average of $43.37 and a 200-day moving average of $38.45.
abrdn Physical Gold Shares ETF News Summary
- Positive Sentiment: World Gold Council says ETF investors didn’t flee during the recent gold drop, indicating resilient fund flows that support SGOL’s holdings and could lift the ETF. Gold’s precipitous price drop didn’t spook ETF investors – World Gold Council
- Positive Sentiment: Technical studies show bullish reversal patterns (reclaiming the 20‑day MA and key Fibonacci support), suggesting upside momentum that can attract momentum and tactical buyers into gold ETFs like SGOL. Gold (XAU/USD) Price Forecast: Bullish Reversal Signals Emerging
- Positive Sentiment: Safe‑haven flows and growing Fed rate‑cut hopes are returning to the market, supporting demand for gold as an inflation/uncertainty hedge—a macro backdrop favorable for SGOL inflows. Gold (XAUUSD) & Silver Price Forecast: Safe-Haven Bid Returns – Can XAU Recover $5,000?
- Positive Sentiment: Analyst houses remain bullish on the long‑run gold story (CIBC forecasting a much higher long‑term average), which supports investor allocations to gold ETFs for strategic exposure. CIBC sees gold averaging $6,000/ounce as safe-haven demand persists
- Neutral Sentiment: Spot gold levels and consumer‑sentiment updates are driving intraday moves; elevated spot prices support SGOL’s NAV but leave sensitivity to macro datapoints. Spot gold at $4,955/oz after preliminary Consumer Sentiment rises
- Neutral Sentiment: Intraday technical and level‑based analyses give traders entry/exit cues—this supports volume and volatility in SGOL but doesn’t guarantee sustained direction. Gold market analysis for February 6 – key intra-day price entry levels for active traders
- Negative Sentiment: Silver’s sharp sell‑off and deleveraging episodes can spill into gold markets and pressure precious‑metals ETFs, creating correlated downside risk for SGOL. Gold (XAUUSD), Silver, Platinum Forecasts – Silver Dives 13% On Deleveraging
- Negative Sentiment: Spillover from cryptocurrency selloffs and episodic profit‑taking have previously pushed gold lower, introducing short‑term volatility that can weigh on SGOL price moves. Gold Falls on Spillover Impact From Cryptocurrencies’ Selloff
- Negative Sentiment: Dollar strength and periodic profit‑taking have capped rallies; a stronger USD or hawkish Fed surprises would likely pressure gold and SGOL. Gold News: Gold Catches a Bid on Lower Yields While Dollar Pressure Stalls Rally
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.
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