Mirae Asset Global Investments Co. Ltd. bought a new position in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL – Free Report) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 723,550 shares of the company’s stock, valued at approximately $28,624,000. Mirae Asset Global Investments Co. Ltd. owned approximately 0.41% of abrdn Physical Gold Shares ETF at the end of the most recent quarter.
Other hedge funds have also modified their holdings of the company. Sound Income Strategies LLC increased its holdings 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 in the last quarter. TD Waterhouse Canada Inc. acquired a new position in abrdn Physical Gold Shares ETF during the 3rd quarter worth $72,000. NBT Bank N A NY boosted its position 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 bought a new position in abrdn Physical Gold Shares ETF in the 1st quarter valued at $87,000. Finally, Main Street Group LTD bought a new position in abrdn Physical Gold Shares ETF in the 1st quarter valued at $105,000.
abrdn Physical Gold Shares ETF Price Performance
NYSEARCA SGOL opened at $37.54 on Tuesday. The stock has a fifty day moving average of $40.42 and a 200-day moving average of $42.81. abrdn Physical Gold Shares ETF has a 52 week low of $36.83 and a 52 week high of $52.84.
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.
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