NewEdge Advisors LLC Has $13.51 Million Stake in abrdn Physical Gold Shares ETF $SGOL

Posted by Geri Gentry on Aug 9th, 2026

NewEdge Advisors LLC boosted its holdings in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL – Free Report) by 30.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 302,660 shares of the company’s stock after purchasing an additional 71,527 shares during the period. NewEdge Advisors LLC owned about 0.17% of abrdn Physical Gold Shares ETF worth $13,505,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Smartleaf Asset Management LLC acquired a new position in shares of abrdn Physical Gold Shares ETF during the 4th quarter worth about $27,000. Sound Income Strategies LLC grew its holdings in shares of abrdn Physical Gold Shares ETF by 97.9% in the 1st quarter. Sound Income Strategies LLC now owns 831 shares of the company’s stock valued at $38,000 after acquiring an additional 411 shares in the last quarter. BNP Paribas bought a new position in shares of abrdn Physical Gold Shares ETF in the 2nd quarter valued at about $39,000. Nvest Wealth Strategies Inc. acquired a new stake in shares of abrdn Physical Gold Shares ETF in the fourth quarter valued at about $51,000. Finally, NBT Bank N A NY increased its position in shares of abrdn Physical Gold Shares ETF by 4,290.2% in the first quarter. NBT Bank N A NY now owns 1,800 shares of the company’s stock valued at $80,000 after acquiring an additional 1,759 shares during the last quarter.

abrdn Physical Gold Shares ETF Trading Up 2.2%

SGOL opened at $41.35 on Friday. abrdn Physical Gold Shares ETF has a 52-week low of $31.61 and a 52-week high of $52.84. The business’s 50-day simple moving average is $39.54 and its 200 day simple moving average is $43.68.

abrdn Physical Gold Shares ETF News Roundup

Here are the key news stories impacting abrdn Physical Gold Shares ETF this week:

Positive Sentiment: Gold’s bullish reversal is extending toward major technical resistance, with improving momentum potentially opening a path toward higher targets near $4,382–$4,392 and beyond. Gold Price Forecast: Breakout Builds Toward Key Resistance
Positive Sentiment: Precious metals are benefiting from falling Treasury yields and a weaker dollar as traders increase bets on a dovish Federal Reserve. Softer labor-market data could further support expectations for lower interest rates, which generally benefits non-yielding gold. Gold Rallies on Dovish Fed Bets
Positive Sentiment: The People’s Bank of China reportedly extended its gold-buying streak to 21 consecutive months, including its largest monthly purchase since 2023. Continued central-bank demand provides a fundamental cushion for bullion and SGOL. PBOC Boosts Gold Buying
Positive Sentiment: Some analysts see additional upside, with BNP Paribas Wealth Management projecting gold could reach $5,000 as pressure on the Fed weighs on the dollar. BNP Paribas Gold Forecast
Neutral Sentiment: U.S. nonfarm-payrolls data is the immediate catalyst. A weak report could reinforce rate-cut expectations, while stronger employment data could lift yields and pressure gold. Gold Holds Above $4,250 Ahead of Payrolls
Negative Sentiment: Risks remain from profit-taking, firmer oil prices, higher yields and a stronger dollar. A research paper also challenges gold’s effectiveness as a consistent inflation hedge, which could temper demand from some investors. Investors Take Profits in Gold

abrdn Physical Gold Shares ETF Company Profile

(Free Report)

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.