BCM Advisors LLC lessened its holdings in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL – Free Report) by 11.2% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 152,095 shares of the company’s stock after selling 19,172 shares during the period. abrdn Physical Gold Shares ETF makes up 1.3% of BCM Advisors LLC’s investment portfolio, making the stock its 14th largest position. BCM Advisors LLC’s holdings in abrdn Physical Gold Shares ETF were worth $6,543,000 as of its most recent SEC filing.
Several other large investors have also modified their holdings of the business. Smartleaf Asset Management LLC purchased a new position in shares of abrdn Physical Gold Shares ETF during the 4th quarter worth $27,000. Sound Income Strategies LLC lifted its position in abrdn Physical Gold Shares ETF by 97.9% in the first quarter. Sound Income Strategies LLC now owns 831 shares of the company’s stock valued at $38,000 after buying an additional 411 shares during the last quarter. BNP Paribas acquired a new position in abrdn Physical Gold Shares ETF in the second quarter valued at about $39,000. Eastern Bank purchased a new position in abrdn Physical Gold Shares ETF during the fourth quarter worth about $47,000. Finally, Nvest Wealth Strategies Inc. purchased a new position in abrdn Physical Gold Shares ETF during the fourth quarter worth about $51,000.
abrdn Physical Gold Shares ETF Trading Down 1.9%
Shares of SGOL opened at $37.88 on Friday. abrdn Physical Gold Shares ETF has a 1-year low of $31.16 and a 1-year high of $52.84. The firm has a 50-day simple moving average of $40.98 and a two-hundred day simple moving average of $44.08.
More abrdn Physical Gold Shares ETF News
- Positive Sentiment: Some analysts still see the broader gold bull market as intact, with Fidelity’s Ian Samson saying the long-term case for gold remains strong and that investors could move back to overweight positioning in 2027. Article Title
- Positive Sentiment: Central banks continue to accumulate gold, which supports underlying demand even as prices have pulled back. Article Title
- Neutral Sentiment: Several market commentary pieces say gold’s recent correction may be a healthy pullback rather than the end of the uptrend, suggesting volatility but not necessarily a trend reversal. Article Title
- Neutral Sentiment: Platinum has drawn attention as China’s AI and clean-energy investment themes could boost another precious metal, but this is more of a sector rotation story than a direct catalyst for SGOL. Article Title
- Negative Sentiment: Gold is being hit by stronger U.S. labor and manufacturing data, including a better-than-expected Philly Fed survey and lower jobless claims, both of which reduce the appeal of gold as a safe-haven asset. Article Title
- Negative Sentiment: Gold also lost ground as traders reacted to a stabilizing dollar, rising bond yields, and continued expectations that interest rates may stay restrictive, which increases the opportunity cost of holding bullion. Article Title
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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