Swan Global Investments LLC Sells 17,126 Shares of abrdn Physical Gold Shares ETF $SGOL

Swan Global Investments LLC trimmed its position in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 48.9% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 17,912 shares of the company’s stock after selling 17,126 shares during the quarter. Swan Global Investments LLC’s holdings in abrdn Physical Gold Shares ETF were worth $736,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in SGOL. Anfield Capital Management LLC bought a new stake in abrdn Physical Gold Shares ETF during the third quarter worth about $37,000. BNP Paribas bought a new stake in abrdn Physical Gold Shares ETF during the second quarter worth about $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, High Point Wealth Management LLC bought a new stake in shares of abrdn Physical Gold Shares ETF during the fourth quarter valued at approximately $82,000.

abrdn Physical Gold Shares ETF Price Performance

SGOL opened at $41.21 on Tuesday. abrdn Physical Gold Shares ETF has a one year low of $31.05 and a one year high of $52.84. The company’s 50 day simple moving average is $44.05 and its 200-day simple moving average is $44.35.

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.