abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) Stake Lowered by Newman Dignan & Sheerar Inc.

Newman Dignan & Sheerar Inc. reduced its stake in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 1.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 447,404 shares of the company’s stock after selling 8,372 shares during the period. abrdn Physical Gold Shares ETF makes up 2.9% of Newman Dignan & Sheerar Inc.’s portfolio, making the stock its 6th biggest position. Newman Dignan & Sheerar Inc. owned approximately 0.32% of abrdn Physical Gold Shares ETF worth $11,207,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently modified their holdings of SGOL. Sanctuary Advisors LLC purchased a new stake in shares of abrdn Physical Gold Shares ETF in the second quarter worth $240,000. Exchange Traded Concepts LLC purchased a new stake in shares of abrdn Physical Gold Shares ETF during the third quarter valued at $47,000. SeaCrest Wealth Management LLC purchased a new stake in shares of abrdn Physical Gold Shares ETF during the third quarter valued at $202,000. Key Client Fiduciary Advisors LLC boosted its position in shares of abrdn Physical Gold Shares ETF by 8.2% during the third quarter. Key Client Fiduciary Advisors LLC now owns 10,530 shares of the company’s stock valued at $265,000 after buying an additional 800 shares during the last quarter. Finally, Warren Street Wealth Advisors LLC boosted its position in shares of abrdn Physical Gold Shares ETF by 6.7% during the third quarter. Warren Street Wealth Advisors LLC now owns 36,932 shares of the company’s stock valued at $928,000 after buying an additional 2,323 shares during the last quarter.

abrdn Physical Gold Shares ETF Stock Down 1.5 %

abrdn Physical Gold Shares ETF stock opened at $27.54 on Friday. abrdn Physical Gold Shares ETF has a one year low of $19.08 and a one year high of $27.96. The business’s fifty day moving average is $25.93 and its 200 day moving average is $25.18.

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.