Financial Advocates Investment Management Cuts Stake in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

Financial Advocates Investment Management decreased its holdings in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 1.0% during the second quarter, according to its most recent filing with the SEC. The firm owned 47,221 shares of the company’s stock after selling 500 shares during the period. Financial Advocates Investment Management’s holdings in abrdn Physical Gold Shares ETF were worth $1,049,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of SGOL. AdvisorNet Financial Inc lifted its holdings in abrdn Physical Gold Shares ETF by 4.1% during the first quarter. AdvisorNet Financial Inc now owns 13,565 shares of the company’s stock worth $288,000 after buying an additional 535 shares during the period. Madden Advisory Services Inc. grew its stake in abrdn Physical Gold Shares ETF by 4.3% during the 4th quarter. Madden Advisory Services Inc. now owns 22,756 shares of the company’s stock worth $449,000 after buying an additional 930 shares during the last quarter. Brookstone Capital Management increased its position in abrdn Physical Gold Shares ETF by 0.7% during the 1st quarter. Brookstone Capital Management now owns 127,122 shares of the company’s stock valued at $2,700,000 after buying an additional 931 shares in the last quarter. Investment Partners Asset Management Inc. raised its stake in abrdn Physical Gold Shares ETF by 2.2% in the first quarter. Investment Partners Asset Management Inc. now owns 44,264 shares of the company’s stock valued at $940,000 after buying an additional 947 shares during the last quarter. Finally, Janney Montgomery Scott LLC boosted its holdings in abrdn Physical Gold Shares ETF by 1.6% in the fourth quarter. Janney Montgomery Scott LLC now owns 64,863 shares of the company’s stock worth $1,280,000 after acquiring an additional 996 shares in the last quarter.

abrdn Physical Gold Shares ETF Stock Up 0.5 %

Shares of abrdn Physical Gold Shares ETF stock opened at $24.07 on Friday. abrdn Physical Gold Shares ETF has a 52 week low of $17.35 and a 52 week high of $24.18. The company has a 50 day moving average price of $23.09 and a 200 day moving average price of $22.07.

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.