Envestnet Portfolio Solutions Inc. lifted its stake in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL – Free Report) by 20.1% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 55,537 shares of the company’s stock after acquiring an additional 9,307 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in abrdn Physical Gold Shares ETF were worth $1,391,000 as of its most recent filing with the SEC.
A number of other hedge funds have also made changes to their positions in the stock. Centerpoint Advisors LLC acquired a new stake in abrdn Physical Gold Shares ETF in the 4th quarter worth approximately $81,000. FMR LLC lifted its stake in shares of abrdn Physical Gold Shares ETF by 18.1% in the third quarter. FMR LLC now owns 4,250 shares of the company’s stock worth $107,000 after buying an additional 652 shares during the last quarter. Exchange Traded Concepts LLC boosted its holdings in shares of abrdn Physical Gold Shares ETF by 239.3% during the 4th quarter. Exchange Traded Concepts LLC now owns 6,325 shares of the company’s stock worth $158,000 after buying an additional 4,461 shares during the period. Wealthfront Advisers LLC acquired a new position in abrdn Physical Gold Shares ETF in the 4th quarter valued at $207,000. Finally, Natural Investments LLC bought a new position in shares of abrdn Physical Gold Shares ETF in the fourth quarter worth about $208,000.
abrdn Physical Gold Shares ETF Price Performance
Shares of abrdn Physical Gold Shares ETF stock opened at $28.81 on Friday. abrdn Physical Gold Shares ETF has a fifty-two week low of $20.62 and a fifty-two week high of $29.13. The firm has a fifty day moving average price of $27.36 and a two-hundred day moving average price of $25.96.
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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