Sanctuary Advisors LLC Invests $240,000 in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

Sanctuary Advisors LLC purchased a new stake in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 10,744 shares of the company’s stock, valued at approximately $240,000.

A number of other hedge funds also recently bought and sold shares of the business. Envestnet Asset Management Inc. raised its stake in abrdn Physical Gold Shares ETF by 3.1% during the second quarter. Envestnet Asset Management Inc. now owns 1,298,524 shares of the company’s stock valued at $28,853,000 after purchasing an additional 38,433 shares in the last quarter. Global Assets Advisory LLC increased its position in abrdn Physical Gold Shares ETF by 1,462.1% during the first quarter. Global Assets Advisory LLC now owns 797,211 shares of the company’s stock valued at $16,933,000 after acquiring an additional 746,178 shares during the last quarter. Ethos Financial Group LLC increased its position in abrdn Physical Gold Shares ETF by 1.8% during the first quarter. Ethos Financial Group LLC now owns 710,560 shares of the company’s stock valued at $15,092,000 after acquiring an additional 12,682 shares during the last quarter. Almanack Investment Partners LLC. increased its position in abrdn Physical Gold Shares ETF by 24.1% during the first quarter. Almanack Investment Partners LLC. now owns 710,017 shares of the company’s stock valued at $15,081,000 after acquiring an additional 137,955 shares during the last quarter. Finally, Mountain Lake Investment Management LLC increased its position in abrdn Physical Gold Shares ETF by 0.3% during the first quarter. Mountain Lake Investment Management LLC now owns 625,000 shares of the company’s stock valued at $13,275,000 after acquiring an additional 2,000 shares during the last quarter.

abrdn Physical Gold Shares ETF Trading Up 1.0 %

SGOL stock opened at $25.96 on Friday. abrdn Physical Gold Shares ETF has a twelve month low of $18.48 and a twelve month high of $25.99. The firm’s fifty day simple moving average is $24.57 and its two-hundred day simple moving average is $23.24.

About abrdn Physical Gold Shares ETF

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.