Choreo LLC Takes Position in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

Choreo LLC acquired a new stake in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) in the second quarter, HoldingsChannel reports. The firm acquired 18,965 shares of the company’s stock, valued at approximately $423,000.

Other institutional investors have also recently made changes to their positions in the company. AdvisorNet Financial Inc increased its stake 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 acquiring an additional 535 shares during the last quarter. Madden Advisory Services Inc. increased its stake in abrdn Physical Gold Shares ETF by 4.3% during the fourth quarter. Madden Advisory Services Inc. now owns 22,756 shares of the company’s stock worth $449,000 after acquiring an additional 930 shares during the last quarter. Brookstone Capital Management grew its stake in shares of abrdn Physical Gold Shares ETF by 0.7% during the first 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 during the last quarter. Investment Partners Asset Management Inc. grew its stake in shares of abrdn Physical Gold Shares ETF by 2.2% during 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 grew its stake in shares of abrdn Physical Gold Shares ETF by 1.6% during the fourth quarter. Janney Montgomery Scott LLC now owns 64,863 shares of the company’s stock valued at $1,280,000 after buying an additional 996 shares during the last quarter.

abrdn Physical Gold Shares ETF Price Performance

SGOL opened at $24.66 on Tuesday. The stock’s 50 day moving average price is $23.47 and its 200-day moving average price is $22.48. abrdn Physical Gold Shares ETF has a one year low of $17.35 and a one year high of $24.73.

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.