Acorn Wealth Advisors LLC Purchases 1,659 Shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

Acorn Wealth Advisors LLC raised its holdings in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 8.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 21,387 shares of the company’s stock after purchasing an additional 1,659 shares during the quarter. Acorn Wealth Advisors LLC’s holdings in abrdn Physical Gold Shares ETF were worth $537,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Transform Wealth LLC lifted its holdings in abrdn Physical Gold Shares ETF by 36.1% during the 2nd quarter. Transform Wealth LLC now owns 18,840 shares of the company’s stock valued at $419,000 after purchasing an additional 5,000 shares during the last quarter. International Assets Investment Management LLC acquired a new stake in abrdn Physical Gold Shares ETF during the 3rd quarter valued at $725,000. Foundations Investment Advisors LLC lifted its holdings in abrdn Physical Gold Shares ETF by 24.6% during the 3rd quarter. Foundations Investment Advisors LLC now owns 58,823 shares of the company’s stock valued at $1,478,000 after purchasing an additional 11,601 shares during the last quarter. Ritholtz Wealth Management acquired a new stake in shares of abrdn Physical Gold Shares ETF during the second quarter worth $292,000. Finally, Cetera Advisors LLC lifted its holdings in shares of abrdn Physical Gold Shares ETF by 2.6% during the first quarter. Cetera Advisors LLC now owns 55,993 shares of the company’s stock worth $1,189,000 after buying an additional 1,401 shares in the last quarter.

abrdn Physical Gold Shares ETF Stock Down 2.6 %

Shares of SGOL traded down $0.66 during midday trading on Monday, reaching $25.18. 650,360 shares of the stock were exchanged, compared to its average volume of 3,378,545. abrdn Physical Gold Shares ETF has a twelve month low of $18.90 and a twelve month high of $26.65. The stock’s 50 day simple moving average is $25.43 and its 200 day simple moving average is $23.84.

About abrdn Physical Gold Shares ETF

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.