Silver Oak Securities Incorporated Takes $955,000 Position in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

Silver Oak Securities Incorporated bought a new position in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 38,350 shares of the company’s stock, valued at approximately $955,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Exchange Traded Concepts LLC acquired a new stake in abrdn Physical Gold Shares ETF during the third quarter worth approximately $47,000. FMR LLC grew its position in shares of abrdn Physical Gold Shares ETF by 18.1% in the 3rd quarter. FMR LLC now owns 4,250 shares of the company’s stock valued at $107,000 after buying an additional 652 shares during the last quarter. Allworth Financial LP raised its stake in abrdn Physical Gold Shares ETF by 33.3% during the 3rd quarter. Allworth Financial LP now owns 7,418 shares of the company’s stock worth $186,000 after acquiring an additional 1,853 shares in the last quarter. SeaCrest Wealth Management LLC acquired a new stake in abrdn Physical Gold Shares ETF during the 3rd quarter worth $202,000. Finally, ERn Financial LLC purchased a new stake in abrdn Physical Gold Shares ETF in the third quarter valued at $213,000.

abrdn Physical Gold Shares ETF Stock Down 0.2 %

Shares of SGOL stock opened at $27.27 on Friday. The stock’s 50-day moving average is $25.64 and its two-hundred day moving average is $24.98. abrdn Physical Gold Shares ETF has a 1 year low of $18.97 and a 1 year high of $27.51.

abrdn Physical Gold Shares ETF Company 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.