Global View Capital Management LLC trimmed its stake in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL – Free Report) by 17.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 434,528 shares of the company’s stock after selling 89,495 shares during the quarter. abrdn Physical Gold Shares ETF comprises approximately 3.8% of Global View Capital Management LLC’s investment portfolio, making the stock its 5th biggest position. Global View Capital Management LLC’s holdings in abrdn Physical Gold Shares ETF were worth $17,190,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Sound Income Strategies LLC raised its position in shares of abrdn Physical Gold Shares ETF by 97.9% in the first quarter. Sound Income Strategies LLC now owns 831 shares of the company’s stock valued at $38,000 after purchasing an additional 411 shares during the period. TD Waterhouse Canada Inc. bought a new stake in shares of abrdn Physical Gold Shares ETF during the 3rd quarter worth about $72,000. NBT Bank N A NY grew its stake in abrdn Physical Gold Shares ETF by 4,290.2% in the 1st quarter. NBT Bank N A NY now owns 1,800 shares of the company’s stock valued at $80,000 after buying an additional 1,759 shares during the last quarter. McIlrath & Eck LLC acquired a new position in abrdn Physical Gold Shares ETF in the 1st quarter valued at about $87,000. Finally, Main Street Group LTD acquired a new position in abrdn Physical Gold Shares ETF in the 1st quarter valued at about $105,000.
abrdn Physical Gold Shares ETF Price Performance
Shares of NYSEARCA:SGOL opened at $36.95 on Friday. abrdn Physical Gold Shares ETF has a one year low of $36.83 and a one year high of $52.84. The firm has a 50 day simple moving average of $40.55 and a 200 day simple moving average of $42.84.
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.
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