EverSource Wealth Advisors LLC Invests $297,000 in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

EverSource Wealth Advisors LLC acquired a new position in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 11,851 shares of the company’s stock, valued at approximately $297,000.

A number of other institutional investors also recently bought and sold shares of the stock. KCM Investment Advisors LLC bought a new position in shares of abrdn Physical Gold Shares ETF in the third quarter worth about $222,000. Thrivent Financial for Lutherans raised its stake in abrdn Physical Gold Shares ETF by 123.9% during the 3rd quarter. Thrivent Financial for Lutherans now owns 20,110 shares of the company’s stock worth $506,000 after acquiring an additional 11,128 shares during the period. Amara Financial LLC. purchased a new position in abrdn Physical Gold Shares ETF during the third quarter valued at approximately $1,144,000. Darwin Wealth Management LLC bought a new position in shares of abrdn Physical Gold Shares ETF in the third quarter worth approximately $213,000. Finally, Nwam LLC purchased a new stake in shares of abrdn Physical Gold Shares ETF in the third quarter worth $428,000.

abrdn Physical Gold Shares ETF Stock Performance

Shares of SGOL stock opened at $28.48 on Friday. The company’s fifty day moving average price is $27.01 and its 200-day moving average price is $25.80. abrdn Physical Gold Shares ETF has a one year low of $20.55 and a one year high of $28.59.

About abrdn Physical Gold Shares ETF

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.