Channing Global Advisors LLC bought a new position in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL – Free Report) during the fourth quarter, Holdings Channel reports. The fund bought 67,572 shares of the company’s stock, valued at approximately $1,334,000. abrdn Physical Gold Shares ETF comprises about 1.0% of Channing Global Advisors LLC’s holdings, making the stock its 25th largest position.
A number of other hedge funds have also modified their holdings of SGOL. Keener Financial Planning LLC acquired a new stake in abrdn Physical Gold Shares ETF during the fourth quarter valued at $35,000. Gradient Investments LLC acquired a new stake in abrdn Physical Gold Shares ETF during the third quarter valued at $38,000. Householder Group Estate & Retirement Specialist LLC boosted its position in abrdn Physical Gold Shares ETF by 108.5% during the fourth quarter. Householder Group Estate & Retirement Specialist LLC now owns 5,054 shares of the company’s stock valued at $99,000 after purchasing an additional 2,630 shares during the last quarter. Cullen Frost Bankers Inc. acquired a new stake in abrdn Physical Gold Shares ETF during the third quarter valued at $117,000. Finally, Allworth Financial LP acquired a new stake in abrdn Physical Gold Shares ETF during the fourth quarter valued at $150,000.
abrdn Physical Gold Shares ETF Price Performance
SGOL traded up $0.05 during trading on Friday, reaching $22.34. 1,528,307 shares of the stock traded hands, compared to its average volume of 3,339,358. abrdn Physical Gold Shares ETF has a fifty-two week low of $17.35 and a fifty-two week high of $23.24. The stock’s 50-day simple moving average is $20.99 and its two-hundred day simple moving average is $19.81.
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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Want to see what other hedge funds are holding SGOL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for abrdn Physical Gold Shares ETF (NYSEARCA:SGOL – Free Report).
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