Nwam LLC Reduces Holdings in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

Nwam LLC cut its position in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 3.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 16,463 shares of the company’s stock after selling 560 shares during the quarter. Nwam LLC’s holdings in abrdn Physical Gold Shares ETF were worth $412,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Quadrature Capital Ltd acquired a new position in abrdn Physical Gold Shares ETF in the 3rd quarter worth $35,703,000. Metis Global Partners LLC lifted its stake in shares of abrdn Physical Gold Shares ETF by 34.6% in the third quarter. Metis Global Partners LLC now owns 4,657,799 shares of the company’s stock worth $117,050,000 after acquiring an additional 1,197,086 shares in the last quarter. Bank of Montreal Can purchased a new position in abrdn Physical Gold Shares ETF in the third quarter valued at about $20,710,000. JPMorgan Chase & Co. grew its stake in abrdn Physical Gold Shares ETF by 393.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 885,680 shares of the company’s stock valued at $22,257,000 after purchasing an additional 706,134 shares in the last quarter. Finally, Stonebridge Financial Group LLC purchased a new stake in abrdn Physical Gold Shares ETF during the 4th quarter worth approximately $11,128,000.

abrdn Physical Gold Shares ETF Stock Down 0.6 %

Shares of SGOL opened at $27.26 on Friday. abrdn Physical Gold Shares ETF has a 52-week low of $19.53 and a 52-week high of $28.17. The business’s 50 day moving average is $26.43 and its two-hundred day moving average is $25.52.

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.