abrdn Physical Gold Shares ETF $SGOL Shares Sold by Kensington Asset Management LLC

Posted by Francis Steltz on Aug 1st, 2026

Kensington Asset Management LLC decreased its position in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL – Free Report) by 11.1% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 247,066 shares of the company’s stock after selling 30,936 shares during the quarter. abrdn Physical Gold Shares ETF comprises 0.5% of Kensington Asset Management LLC’s holdings, making the stock its 24th biggest position. Kensington Asset Management LLC’s holdings in abrdn Physical Gold Shares ETF were worth $11,024,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. Smartleaf Asset Management LLC purchased a new stake in abrdn Physical Gold Shares ETF in the 4th quarter worth approximately $27,000. Sound Income Strategies LLC raised its holdings in 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 during the last quarter. BNP Paribas purchased a new position in shares of abrdn Physical Gold Shares ETF during the 2nd quarter worth $39,000. Nvest Wealth Strategies Inc. purchased a new position in shares of abrdn Physical Gold Shares ETF during the 4th quarter worth $51,000. Finally, NBT Bank N A NY boosted its holdings in shares of abrdn Physical Gold Shares ETF by 4,290.2% during the first quarter. NBT Bank N A NY now owns 1,800 shares of the company’s stock worth $80,000 after purchasing an additional 1,759 shares during the last quarter.

Key Stories Impacting abrdn Physical Gold Shares ETF

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

Positive Sentiment: Strong second-quarter central-bank gold buying reported by the World Gold Council supports the longer-term investment case for physical gold and SGOL. Gold, Silver Price Forecast: World Gold Council Reports Strong Central Bank Buying
Positive Sentiment: The Fed’s decision to leave interest rates unchanged initially supported gold by reducing immediate tightening risk, although analysts expect precious metals to remain range-bound until greater policy clarity emerges. Fed’s Hawkish Hold Stabilizes Gold and Silver
Positive Sentiment: Slower-than-expected second-quarter U.S. GDP growth could eventually support gold if it increases expectations for lower interest rates or additional economic weakness. Spot Gold Trades at $4,074 as U.S. GDP Rises 1.5%
Neutral Sentiment: Gold remains broadly confined to a $4,000–$4,200 range, with resistance near $4,200–$4,203. A breakout could improve SGOL’s momentum, but traders are waiting for clearer signals from interest rates and Middle East developments. Gold Weekly Price Analysis
Negative Sentiment: The 30-year Treasury yield tested levels not seen since 2007, increasing the opportunity cost of holding non-yielding gold and weighing on SGOL. Gold Pulls Back as Treasury Yields Test New Highs
Negative Sentiment: July consumer sentiment improved more than expected to 55.2, while one-year inflation expectations eased. The combination of stronger confidence and lower near-term inflation reduced demand for gold as a defensive hedge. Spot Gold Near Session Lows After Consumer Sentiment Data

abrdn Physical Gold Shares ETF Stock Performance

SGOL stock opened at $38.57 on Friday. abrdn Physical Gold Shares ETF has a 52-week low of $31.36 and a 52-week high of $52.84. The stock’s fifty day simple moving average is $39.83 and its 200-day simple moving average is $43.82.

abrdn Physical Gold Shares ETF 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.