EverSource Wealth Advisors LLC purchased a new position in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL – Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 11,851 shares of the company’s stock, valued at approximately $297,000.
A number of other hedge funds and other institutional investors have also recently modified their holdings of SGOL. Centerpoint Advisors LLC purchased a new stake in abrdn Physical Gold Shares ETF during the fourth quarter worth $81,000. FMR LLC lifted its stake in shares of abrdn Physical Gold Shares ETF by 18.1% during the 3rd quarter. FMR LLC now owns 4,250 shares of the company’s stock worth $107,000 after purchasing an additional 652 shares during the last quarter. Exchange Traded Concepts LLC boosted its position in abrdn Physical Gold Shares ETF by 239.3% during the fourth quarter. Exchange Traded Concepts LLC now owns 6,325 shares of the company’s stock valued at $158,000 after purchasing an additional 4,461 shares in the last quarter. Wealthfront Advisers LLC purchased a new position in abrdn Physical Gold Shares ETF in the fourth quarter valued at about $207,000. Finally, Natural Investments LLC bought a new position in abrdn Physical Gold Shares ETF in the fourth quarter worth about $208,000.
abrdn Physical Gold Shares ETF Stock Performance
NYSEARCA:SGOL opened at $28.48 on Friday. The company’s 50-day simple moving average is $27.01 and its 200-day simple moving average is $25.80. abrdn Physical Gold Shares ETF has a fifty-two week low of $20.55 and a fifty-two week high of $28.59.
abrdn Physical Gold Shares ETF Company 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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