Worth Asset Management LLC Sells 74,138 Shares of abrdn Physical Gold Shares ETF $SGOL

Worth Asset Management LLC lowered its holdings in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 51.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 70,109 shares of the company’s stock after selling 74,138 shares during the period. abrdn Physical Gold Shares ETF makes up about 1.2% of Worth Asset Management LLC’s holdings, making the stock its 17th biggest position. Worth Asset Management LLC’s holdings in abrdn Physical Gold Shares ETF were worth $2,581,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the business. Crewe Advisors LLC acquired a new position in abrdn Physical Gold Shares ETF in the second quarter valued at approximately $27,000. Sound Income Strategies LLC acquired a new stake in shares of abrdn Physical Gold Shares ETF during the 3rd quarter worth approximately $34,000. Ameritas Advisory Services LLC bought a new stake in shares of abrdn Physical Gold Shares ETF in the 2nd quarter valued at $28,000. BNP Paribas acquired a new position in shares of abrdn Physical Gold Shares ETF during the 2nd quarter valued at $39,000. Finally, UMB Bank n.a. acquired a new position in shares of abrdn Physical Gold Shares ETF during the 2nd quarter valued at $41,000.

Trending Headlines about abrdn Physical Gold Shares ETF

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

• Positive Sentiment: Gold pushed to new record highs, reinforcing long‑term bullish momentum and encouraging demand for physical‑gold ETFs such as SGOL. Gold (XAU/USD) Price Forecast: Rally Extends to Fresh Highs as Buyers Maintain Control
• Positive Sentiment: Gold’s breakout and sustained weekly gains are drawing momentum traders and safe‑haven flows, which typically lift physical‑gold ETF assets under management. Gold Weekly Price Outlook – Gold Breaks Out for the Week
• Positive Sentiment: Major strategist coverage remains bullish — Goldman Sachs projects a materially higher spot target, supporting the narrative for longer‑term gold accumulation and ETF demand. “Gold remains our single favorite long commodity,” spot price to reach $4,900/oz in Q4 2026 – Goldman Sachs
• Positive Sentiment: Safe‑haven flows tied to geopolitical risks and macro uncertainty are cited in market reports, a key driver for physical gold ownership and SGOL inflows. Gold, silver power to record highs on safe-haven demand
• Neutral Sentiment: Financing activity in the gold sector (e.g., U.S. Gold Corp raising $31M) shows ongoing capital deployment in mining, which can support long‑term supply fundamentals but has limited immediate effect on SGOL’s physical‑gold holdings. U.S. Gold Corp raises $31M to advance gold project – ICYMI
• Negative Sentiment: Analysts warn of overbought conditions and a possible near‑term pullback (models point to short‑term support tests), which could trigger temporary outflows or price weakness in SGOL. Gold News: Gold Analysis Highlights Pullback Risk Despite Long-Term Bullish Trend
• Negative Sentiment: Market commentary notes overbought readings that could produce more measured gains in 2026 and intermittent corrections; investors should expect higher volatility even as the secular uptrend continues. Gold 2026 Forecast: Record Advance Sets Stage for Measured Extension

abrdn Physical Gold Shares ETF Price Performance

Shares of NYSEARCA SGOL opened at $43.19 on Friday. The company’s fifty day simple moving average is $39.80 and its 200 day simple moving average is $35.78. abrdn Physical Gold Shares ETF has a 12-month low of $24.78 and a 12-month high of $43.36.

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.