abrdn Physical Gold Shares ETF $SGOL Shares Sold by Penbrook Management LLC

Penbrook Management LLC trimmed its holdings in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 23.6% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 11,715 shares of the company’s stock after selling 3,625 shares during the period. Penbrook Management LLC’s holdings in abrdn Physical Gold Shares ETF were worth $369,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Ameritas Advisory Services LLC acquired a new position in shares of abrdn Physical Gold Shares ETF during the 2nd quarter worth approximately $28,000. UMB Bank n.a. purchased a new stake in shares of abrdn Physical Gold Shares ETF during the second quarter worth approximately $41,000. Thurston Springer Miller Herd & Titak Inc. increased its position in shares of abrdn Physical Gold Shares ETF by 217.4% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,825 shares of the company’s stock worth $58,000 after purchasing an additional 1,250 shares in the last quarter. Main Street Group LTD increased its position in shares of abrdn Physical Gold Shares ETF by 96.2% during the second quarter. Main Street Group LTD now owns 2,345 shares of the company’s stock worth $74,000 after purchasing an additional 1,150 shares in the last quarter. Finally, Costello Asset Management INC purchased a new stake in shares of abrdn Physical Gold Shares ETF during the first quarter worth approximately $75,000.

abrdn Physical Gold Shares ETF Trading Up 2.5%

Shares of SGOL opened at $39.18 on Tuesday. abrdn Physical Gold Shares ETF has a one year low of $24.41 and a one year high of $39.25. The stock has a 50 day moving average price of $34.40 and a 200 day moving average price of $32.48.

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.