SCS Capital Management LLC Makes New Investment in abrdn Physical Gold Shares ETF $SGOL

SCS Capital Management LLC purchased a new position in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 17,572 shares of the company’s stock, valued at approximately $554,000.

A number of other institutional investors have also recently made changes to their positions in the business. Crewe Advisors LLC purchased a new position in abrdn Physical Gold Shares ETF during the 2nd quarter worth $27,000. Ameritas Advisory Services LLC acquired a new stake in abrdn Physical Gold Shares ETF in the second quarter worth about $28,000. UMB Bank n.a. acquired a new stake in abrdn Physical Gold Shares ETF in the second quarter worth about $41,000. Tableaux LLC purchased a new stake in shares of abrdn Physical Gold Shares ETF during the second quarter worth about $53,000. Finally, Thurston Springer Miller Herd & Titak Inc. increased its holdings in shares of abrdn Physical Gold Shares ETF by 217.4% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,825 shares of the company’s stock valued at $58,000 after acquiring an additional 1,250 shares in the last quarter.

abrdn Physical Gold Shares ETF Stock Down 0.2%

Shares of abrdn Physical Gold Shares ETF stock opened at $40.04 on Friday. The company has a 50 day moving average price of $38.85 and a 200 day moving average price of $34.76. abrdn Physical Gold Shares ETF has a 52 week low of $24.69 and a 52 week high of $41.77.

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.