abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) is Towneley Capital Management Inc DE’s 9th Largest Position

Towneley Capital Management Inc DE decreased its stake in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 2.9% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 719,652 shares of the company’s stock after selling 21,361 shares during the quarter. abrdn Physical Gold Shares ETF makes up about 4.3% of Towneley Capital Management Inc DE’s investment portfolio, making the stock its 9th largest position. Towneley Capital Management Inc DE’s holdings in abrdn Physical Gold Shares ETF were worth $18,027,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Mutual Advisors LLC increased its stake in shares of abrdn Physical Gold Shares ETF by 0.9% in the 4th quarter. Mutual Advisors LLC now owns 62,389 shares of the company’s stock worth $1,617,000 after acquiring an additional 554 shares during the last quarter. True North Advisors LLC grew its holdings in shares of abrdn Physical Gold Shares ETF by 0.6% in the fourth quarter. True North Advisors LLC now owns 91,932 shares of the company’s stock valued at $2,303,000 after purchasing an additional 575 shares during the period. Beaumont Financial Advisors LLC increased its position in abrdn Physical Gold Shares ETF by 3.7% during the fourth quarter. Beaumont Financial Advisors LLC now owns 17,025 shares of the company’s stock worth $426,000 after purchasing an additional 600 shares during the last quarter. FMR LLC raised its stake in abrdn Physical Gold Shares ETF by 18.1% during the third quarter. FMR LLC now owns 4,250 shares of the company’s stock worth $107,000 after purchasing an additional 652 shares during the period. Finally, Sigma Planning Corp boosted its holdings in abrdn Physical Gold Shares ETF by 3.1% in the 3rd quarter. Sigma Planning Corp now owns 21,996 shares of the company’s stock valued at $553,000 after purchasing an additional 669 shares during the last quarter.

abrdn Physical Gold Shares ETF Price Performance

abrdn Physical Gold Shares ETF stock opened at $27.75 on Tuesday. The firm has a 50 day simple moving average of $25.73 and a 200-day simple moving average of $25.08. abrdn Physical Gold Shares ETF has a 1-year low of $18.97 and a 1-year high of $27.79.

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.