abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) Reaches New 52-Week High at $21.13

abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $21.13 and last traded at $21.11, with a volume of 256644 shares traded. The stock had previously closed at $20.96.

abrdn Physical Gold Shares ETF Stock Performance

The stock’s 50 day moving average price is $19.85 and its two-hundred day moving average price is $19.23.

Institutional Trading of abrdn Physical Gold Shares ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. Steward Partners Investment Advisory LLC increased its stake in abrdn Physical Gold Shares ETF by 65.3% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 1,762 shares of the company’s stock worth $31,000 after buying an additional 696 shares during the period. Keener Financial Planning LLC bought a new position in abrdn Physical Gold Shares ETF during the 4th quarter valued at $35,000. Gradient Investments LLC acquired a new position in abrdn Physical Gold Shares ETF during the 3rd quarter worth $38,000. Householder Group Estate & Retirement Specialist LLC acquired a new stake in shares of abrdn Physical Gold Shares ETF in the 3rd quarter valued at about $43,000. Finally, Geneos Wealth Management Inc. bought a new position in abrdn Physical Gold Shares ETF during the 3rd quarter worth approximately $48,000.

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.