abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) Shares Sold by BCM Advisors LLC

BCM Advisors LLC lessened its stake in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 9.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 204,562 shares of the company’s stock after selling 22,476 shares during the quarter. abrdn Physical Gold Shares ETF comprises about 1.3% of BCM Advisors LLC’s holdings, making the stock its 15th biggest holding. BCM Advisors LLC owned 0.15% of abrdn Physical Gold Shares ETF worth $5,589,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Centerpoint Advisors LLC purchased a new stake in abrdn Physical Gold Shares ETF in the 4th quarter valued at $81,000. FMR LLC raised its holdings in shares of abrdn Physical Gold Shares ETF by 18.1% in the third quarter. FMR LLC now owns 4,250 shares of the company’s stock valued at $107,000 after buying an additional 652 shares during the last quarter. Exchange Traded Concepts LLC boosted its stake in shares of 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 worth $158,000 after buying an additional 4,461 shares during the period. Darwin Wealth Management LLC purchased a new position in shares of abrdn Physical Gold Shares ETF during the third quarter worth about $213,000. Finally, KCM Investment Advisors LLC acquired a new position in abrdn Physical Gold Shares ETF in the 3rd quarter valued at about $222,000.

abrdn Physical Gold Shares ETF Stock Performance

abrdn Physical Gold Shares ETF stock opened at $27.85 on Wednesday. The business has a 50 day simple moving average of $26.49 and a 200-day simple moving average of $25.56. abrdn Physical Gold Shares ETF has a 12 month low of $20.30 and a 12 month high of $28.17.

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.