HighTower Advisors LLC Lowers Stock Position in abrdn Physical Gold Shares ETF $SGOL

HighTower Advisors LLC reduced its stake in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 1.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,833,770 shares of the company’s stock after selling 31,505 shares during the quarter. HighTower Advisors LLC owned about 1.01% of abrdn Physical Gold Shares ETF worth $75,331,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of SGOL. Anfield Capital Management LLC purchased a new stake in abrdn Physical Gold Shares ETF in the third quarter valued at approximately $37,000. BNP Paribas purchased a new stake in abrdn Physical Gold Shares ETF in the second quarter valued at approximately $39,000. Eastern Bank bought a new stake in abrdn Physical Gold Shares ETF during the fourth quarter worth about $47,000. Nvest Wealth Strategies Inc. bought a new stake in abrdn Physical Gold Shares ETF during the fourth quarter worth about $51,000. Finally, Root Financial Partners LLC bought a new stake in abrdn Physical Gold Shares ETF during the third quarter worth about $55,000.

abrdn Physical Gold Shares ETF Stock Up 1.4%

Shares of SGOL stock opened at $43.30 on Thursday. The business has a 50-day moving average price of $44.83 and a two-hundred day moving average price of $44.00. abrdn Physical Gold Shares ETF has a 12-month low of $31.05 and a 12-month high of $52.84.

Trending Headlines about abrdn Physical Gold Shares ETF

Here are the key news stories impacting abrdn Physical Gold Shares ETF this week:

• Positive Sentiment: Gold prices rebounded as Treasury yields eased and oil prices pulled back, improving sentiment for precious metals and supporting gold-backed ETFs like SGOL. Gold, silver rebound as yields ease, Hormuz risk premium narrows – Kitco AM Report
• Positive Sentiment: Several outlook pieces turned constructive, with analysts saying gold could resume its rally if central banks keep buying and interest rates do not rise further, which would be a tailwind for SGOL. Gold’s rally will resume after Iran war, with price reaching $5,400/oz by H1 2027 – Lombard Odier
• Positive Sentiment: Gold also benefited from safe-haven demand tied to geopolitical risk and concerns about inflation and bonds, keeping medium-term demand for the metal intact. Central banks are buying more gold than expected, and purchases will increase further through 2026 – Goldman Sachs
• Neutral Sentiment: Some technical reports noted that gold remains in a short-term corrective phase after falling below key levels such as $4,500, which could limit upside if yields rise again. Gold (XAU/USD) Price Forecast: Bearish Correction Tests Key Support Zones
• Neutral Sentiment: Other commentary highlighted that gold is still being driven mainly by Treasury yields and Fed expectations, suggesting SGOL may continue to trade on macroeconomic rate signals in the near term. Gold Price Analysis – Gold Moves on Rate Again
• Negative Sentiment: Analysts also warned that gold has downside risk after breaking below key support and could fall further if bond yields keep rising and risk appetite improves. Gold price faces downside risk on break of 200-DMA and $4,350 critical support – Societe Generale

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.