Swan Global Investments LLC Has $1.04 Million Position in abrdn Physical Gold Shares ETF $SGOL

Swan Global Investments LLC raised its stake in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 10.0% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 33,097 shares of the company’s stock after buying an additional 3,000 shares during the quarter. abrdn Physical Gold Shares ETF comprises 0.0% of Swan Global Investments LLC’s portfolio, making the stock its 28th biggest position. Swan Global Investments LLC’s holdings in abrdn Physical Gold Shares ETF were worth $1,044,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of SGOL. Guardian Point Capital LP acquired a new position in shares of abrdn Physical Gold Shares ETF during the 1st quarter worth about $22,365,000. Global View Capital Management LLC grew its position in shares of abrdn Physical Gold Shares ETF by 337.5% in the 1st quarter. Global View Capital Management LLC now owns 454,788 shares of the company’s stock valued at $13,562,000 after purchasing an additional 350,832 shares during the period. Cresset Asset Management LLC bought a new stake in abrdn Physical Gold Shares ETF during the 1st quarter worth approximately $3,845,000. Mirae Asset Global Investments Co. Ltd. increased its stake in abrdn Physical Gold Shares ETF by 41.8% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 426,850 shares of the company’s stock worth $12,545,000 after purchasing an additional 125,750 shares in the last quarter. Finally, E Fund Management Co. Ltd. bought a new stake in abrdn Physical Gold Shares ETF during the 1st quarter worth approximately $3,564,000.

abrdn Physical Gold Shares ETF Price Performance

NYSEARCA SGOL opened at $40.30 on Monday. The business has a 50 day simple moving average of $35.04 and a 200 day simple moving average of $32.77. abrdn Physical Gold Shares ETF has a 52-week low of $24.41 and a 52-week high of $41.16.

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.