abrdn Physical Gold Shares ETF $SGOL is WT Wealth Management’s 2nd Largest Position

WT Wealth Management decreased its holdings in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 3.5% in the 4th quarter, HoldingsChannel reports. The fund owned 452,444 shares of the company’s stock after selling 16,349 shares during the quarter. abrdn Physical Gold Shares ETF comprises about 5.3% of WT Wealth Management’s investment portfolio, making the stock its 2nd biggest holding. WT Wealth Management’s holdings in abrdn Physical Gold Shares ETF were worth $18,586,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of SGOL. Glass Jacobson Investment Advisors llc purchased a new position in abrdn Physical Gold Shares ETF in the third quarter worth $37,000. Anfield Capital Management LLC purchased a new position in abrdn Physical Gold Shares ETF in the third quarter worth $37,000. BNP Paribas purchased a new position in abrdn Physical Gold Shares ETF in the second quarter worth $39,000. Eastern Bank purchased a new position in abrdn Physical Gold Shares ETF in the fourth quarter worth $47,000. Finally, Nvest Wealth Strategies Inc. purchased a new position in abrdn Physical Gold Shares ETF in the fourth quarter worth $51,000.

abrdn Physical Gold Shares ETF Trading Down 2.0%

NYSEARCA:SGOL opened at $43.02 on Tuesday. The stock has a fifty day moving average price of $46.06 and a two-hundred day moving average price of $43.59. abrdn Physical Gold Shares ETF has a 1 year low of $30.20 and a 1 year high of $52.84.

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.