Waverton Investment Management Ltd Purchases 20,670 Shares of abrdn Physical Gold Shares ETF $SGOL

Waverton Investment Management Ltd boosted its position in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 3.3% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 645,630 shares of the company’s stock after acquiring an additional 20,670 shares during the period. Waverton Investment Management Ltd owned 0.37% of abrdn Physical Gold Shares ETF worth $23,762,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Metis Global Partners LLC increased its stake in shares of abrdn Physical Gold Shares ETF by 26.7% in the third quarter. Metis Global Partners LLC now owns 6,808,591 shares of the company’s stock worth $250,624,000 after purchasing an additional 1,434,787 shares in the last quarter. JPMorgan Chase & Co. grew its stake in abrdn Physical Gold Shares ETF by 1.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 4,507,293 shares of the company’s stock valued at $142,160,000 after buying an additional 83,776 shares in the last quarter. Bank of America Corp DE grew its stake in abrdn Physical Gold Shares ETF by 3.6% in the 2nd quarter. Bank of America Corp DE now owns 3,647,167 shares of the company’s stock valued at $115,032,000 after buying an additional 127,106 shares in the last quarter. HighTower Advisors LLC raised its holdings in abrdn Physical Gold Shares ETF by 0.8% during the 3rd quarter. HighTower Advisors LLC now owns 1,865,275 shares of the company’s stock valued at $68,661,000 after acquiring an additional 15,245 shares during the period. Finally, Pureheart Capital Pte Ltd. lifted its position in shares of abrdn Physical Gold Shares ETF by 5.1% during the second quarter. Pureheart Capital Pte Ltd. now owns 1,217,000 shares of the company’s stock worth $38,384,000 after acquiring an additional 59,000 shares in the last quarter.

abrdn Physical Gold Shares ETF Trading Up 1.3%

Shares of NYSEARCA SGOL opened at $50.13 on Monday. abrdn Physical Gold Shares ETF has a fifty-two week low of $27.02 and a fifty-two week high of $52.84. The stock has a fifty day moving average of $45.70 and a 200-day moving average of $40.26.

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.