Jones Financial Companies Lllp grew its stake in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL – Free Report) by 49.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 134,786 shares of the company’s stock after acquiring an additional 44,456 shares during the quarter. Jones Financial Companies Lllp owned about 0.08% of abrdn Physical Gold Shares ETF worth $4,842,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Lido Advisors LLC raised its stake in abrdn Physical Gold Shares ETF by 1.8% in the 2nd quarter. Lido Advisors LLC now owns 17,742 shares of the company’s stock valued at $560,000 after purchasing an additional 320 shares during the last quarter. True North Advisors LLC grew its holdings in shares of abrdn Physical Gold Shares ETF by 0.4% during the third quarter. True North Advisors LLC now owns 81,712 shares of the company’s stock worth $3,008,000 after buying an additional 347 shares in the last quarter. MAI Capital Management raised its position in shares of abrdn Physical Gold Shares ETF by 0.9% in the second quarter. MAI Capital Management now owns 40,052 shares of the company’s stock valued at $1,263,000 after buying an additional 369 shares during the last quarter. Perigon Wealth Management LLC lifted its stake in shares of abrdn Physical Gold Shares ETF by 1.6% during the third quarter. Perigon Wealth Management LLC now owns 24,864 shares of the company’s stock valued at $915,000 after buying an additional 400 shares during the period. Finally, Matauro LLC boosted its position in abrdn Physical Gold Shares ETF by 0.5% during the third quarter. Matauro LLC now owns 80,288 shares of the company’s stock worth $2,955,000 after acquiring an additional 407 shares during the last quarter.
abrdn Physical Gold Shares ETF News Summary
Here are the key news stories impacting abrdn Physical Gold Shares ETF this week:
- Positive Sentiment: World Gold Council says ETF investors didn’t flee during the recent gold drop, indicating resilient fund flows that support SGOL’s holdings and could lift the ETF. Gold’s precipitous price drop didn’t spook ETF investors – World Gold Council
- Positive Sentiment: Technical studies show bullish reversal patterns (reclaiming the 20‑day MA and key Fibonacci support), suggesting upside momentum that can attract momentum and tactical buyers into gold ETFs like SGOL. Gold (XAU/USD) Price Forecast: Bullish Reversal Signals Emerging
- Positive Sentiment: Safe‑haven flows and growing Fed rate‑cut hopes are returning to the market, supporting demand for gold as an inflation/uncertainty hedge—a macro backdrop favorable for SGOL inflows. Gold (XAUUSD) & Silver Price Forecast: Safe-Haven Bid Returns – Can XAU Recover $5,000?
- Positive Sentiment: Analyst houses remain bullish on the long‑run gold story (CIBC forecasting a much higher long‑term average), which supports investor allocations to gold ETFs for strategic exposure. CIBC sees gold averaging $6,000/ounce as safe-haven demand persists
- Neutral Sentiment: Spot gold levels and consumer‑sentiment updates are driving intraday moves; elevated spot prices support SGOL’s NAV but leave sensitivity to macro datapoints. Spot gold at $4,955/oz after preliminary Consumer Sentiment rises
- Neutral Sentiment: Intraday technical and level‑based analyses give traders entry/exit cues—this supports volume and volatility in SGOL but doesn’t guarantee sustained direction. Gold market analysis for February 6 – key intra-day price entry levels for active traders
- Negative Sentiment: Silver’s sharp sell‑off and deleveraging episodes can spill into gold markets and pressure precious‑metals ETFs, creating correlated downside risk for SGOL. Gold (XAUUSD), Silver, Platinum Forecasts – Silver Dives 13% On Deleveraging
- Negative Sentiment: Spillover from cryptocurrency selloffs and episodic profit‑taking have previously pushed gold lower, introducing short‑term volatility that can weigh on SGOL price moves. Gold Falls on Spillover Impact From Cryptocurrencies’ Selloff
- Negative Sentiment: Dollar strength and periodic profit‑taking have capped rallies; a stronger USD or hawkish Fed surprises would likely pressure gold and SGOL. Gold News: Gold Catches a Bid on Lower Yields While Dollar Pressure Stalls Rally
abrdn Physical Gold Shares ETF Stock Up 3.0%
abrdn Physical Gold Shares ETF 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.
See Also
- Five stocks we like better than abrdn Physical Gold Shares ETF
- NEW LAW: Congress Approves Setup For Digital Dollar?
- The day the gold market broke
- What a Former CIA Agent Knows About the Coming Collapse
- Your Bank Account Is No Longer Safe
- Buy this stock tomorrow?
Want to see what other hedge funds are holding SGOL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for abrdn Physical Gold Shares ETF (NYSEARCA:SGOL – Free Report).
Receive News & Ratings for abrdn Physical Gold Shares ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for abrdn Physical Gold Shares ETF and related companies with MarketBeat.com's FREE daily email newsletter.
