abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) Shares Sold by Blue Trust Inc.

Blue Trust Inc. lessened its holdings in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 4.1% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 581,996 shares of the company’s stock after selling 24,954 shares during the quarter. Blue Trust Inc. owned about 0.42% of abrdn Physical Gold Shares ETF worth $14,626,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Metis Global Partners LLC raised its stake in shares of abrdn Physical Gold Shares ETF by 34.6% in the 3rd quarter. Metis Global Partners LLC now owns 4,657,799 shares of the company’s stock worth $117,050,000 after buying an additional 1,197,086 shares in the last quarter. Quadrature Capital Ltd bought a new stake in shares of abrdn Physical Gold Shares ETF in the 3rd quarter worth $35,703,000. Pure Portfolios Holdings LLC bought a new stake in shares of abrdn Physical Gold Shares ETF in the 3rd quarter worth $25,415,000. JPMorgan Chase & Co. raised its stake in shares of 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 worth $22,257,000 after buying an additional 706,134 shares in the last quarter. Finally, Bank of Montreal Can bought a new stake in shares of abrdn Physical Gold Shares ETF in the 3rd quarter worth $20,710,000.

abrdn Physical Gold Shares ETF Price Performance

SGOL opened at $26.45 on Monday. abrdn Physical Gold Shares ETF has a one year low of $18.97 and a one year high of $26.65. The stock’s fifty day moving average is $25.37 and its 200-day moving average is $24.78.

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.