Rehmann Capital Advisory Group lifted its position in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL – Free Report) by 19.5% in the fourth quarter, Holdings Channel reports. The firm owned 11,717 shares of the company’s stock after purchasing an additional 1,910 shares during the period. Rehmann Capital Advisory Group’s holdings in abrdn Physical Gold Shares ETF were worth $294,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently bought and sold shares of SGOL. Centerpoint Advisors LLC purchased a new stake in abrdn Physical Gold Shares ETF during the fourth quarter worth approximately $81,000. Exchange Traded Concepts LLC increased its holdings in abrdn Physical Gold Shares ETF by 239.3% in the 4th quarter. Exchange Traded Concepts LLC now owns 6,325 shares of the company’s stock valued at $158,000 after purchasing an additional 4,461 shares in the last quarter. Modern Wealth Management LLC purchased a new position in abrdn Physical Gold Shares ETF in the fourth quarter valued at about $223,000. Congress Wealth Management LLC DE acquired a new position in shares of abrdn Physical Gold Shares ETF during the fourth quarter worth about $204,000. Finally, Wealthfront Advisers LLC purchased a new stake in shares of abrdn Physical Gold Shares ETF in the fourth quarter worth about $207,000.
abrdn Physical Gold Shares ETF Trading Up 0.2 %
Shares of NYSEARCA:SGOL opened at $30.85 on Friday. The business’s 50-day simple moving average is $29.55 and its 200 day simple moving average is $27.17. abrdn Physical Gold Shares ETF has a one year low of $21.76 and a one year high of $32.87.
abrdn Physical Gold Shares ETF 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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