Terra Nova Asset Management LLC Raises Holdings in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

Terra Nova Asset Management LLC increased its position in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 3.2% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 54,211 shares of the company’s stock after purchasing an additional 1,673 shares during the quarter. Terra Nova Asset Management LLC’s holdings in abrdn Physical Gold Shares ETF were worth $1,362,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in the company. Sunbelt Securities Inc. acquired a new position in abrdn Physical Gold Shares ETF during the second quarter worth $26,000. Center for Financial Planning Inc. acquired a new position in abrdn Physical Gold Shares ETF during the second quarter worth $47,000. Exchange Traded Concepts LLC acquired a new position in abrdn Physical Gold Shares ETF during the third quarter worth $47,000. GPS Wealth Strategies Group LLC acquired a new position in abrdn Physical Gold Shares ETF during the second quarter worth $152,000. Finally, Ashton Thomas Private Wealth LLC acquired a new position in abrdn Physical Gold Shares ETF during the second quarter worth $184,000.

abrdn Physical Gold Shares ETF Stock Performance

NYSEARCA SGOL traded up $0.16 on Wednesday, reaching $25.58. 398,992 shares of the company were exchanged, compared to its average volume of 3,364,219. The business’s fifty day moving average price is $24.41 and its 200 day moving average price is $23.17. abrdn Physical Gold Shares ETF has a fifty-two week low of $18.36 and a fifty-two week high of $25.64.

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.