Milestone Asset Management LLC Invests $917,000 in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

Milestone Asset Management LLC acquired a new stake in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) during the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 36,598 shares of the company’s stock, valued at approximately $917,000.

Other institutional investors have also added to or reduced their stakes in the company. Ervin Investment Management LLC lifted its position in abrdn Physical Gold Shares ETF by 30.5% in the 4th quarter. Ervin Investment Management LLC now owns 102,385 shares of the company’s stock valued at $2,565,000 after acquiring an additional 23,910 shares in the last quarter. FMR LLC increased its stake in 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. International Assets Investment Management LLC acquired a new stake in abrdn Physical Gold Shares ETF in the 3rd quarter valued at $725,000. JPMorgan Chase & Co. increased its stake in abrdn Physical Gold Shares ETF by 393.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 885,680 shares of the company’s stock valued at $22,257,000 after buying an additional 706,134 shares during the last quarter. Finally, Foundations Investment Advisors LLC increased its stake in shares of abrdn Physical Gold Shares ETF by 24.6% during the 3rd quarter. Foundations Investment Advisors LLC now owns 58,823 shares of the company’s stock worth $1,478,000 after purchasing an additional 11,601 shares during the last quarter.

abrdn Physical Gold Shares ETF Stock Performance

abrdn Physical Gold Shares ETF stock opened at $26.30 on Thursday. The company’s 50-day moving average is $25.44 and its 200-day moving average is $24.84. abrdn Physical Gold Shares ETF has a fifty-two week low of $18.97 and a fifty-two week high of $26.65.

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.