Advisors Management Group Inc. ADV Sells 2,199 Shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

Advisors Management Group Inc. ADV reduced its stake in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 0.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 487,481 shares of the company’s stock after selling 2,199 shares during the quarter. abrdn Physical Gold Shares ETF comprises approximately 2.9% of Advisors Management Group Inc. ADV’s portfolio, making the stock its 5th biggest holding. Advisors Management Group Inc. ADV’s holdings in abrdn Physical Gold Shares ETF were worth $12,250,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of SGOL. Financial Designs Corp raised its holdings in shares of abrdn Physical Gold Shares ETF by 5.9% during the 3rd quarter. Financial Designs Corp now owns 13,118 shares of the company’s stock valued at $330,000 after buying an additional 733 shares during the period. Priebe Wealth Holdings LLC grew its stake in abrdn Physical Gold Shares ETF by 8.0% during the 3rd quarter. Priebe Wealth Holdings LLC now owns 10,100 shares of the company’s stock worth $254,000 after buying an additional 750 shares during the last quarter. Key Client Fiduciary Advisors LLC lifted its position in abrdn Physical Gold Shares ETF by 8.2% in the 3rd quarter. Key Client Fiduciary Advisors LLC now owns 10,530 shares of the company’s stock valued at $265,000 after purchasing an additional 800 shares during the last quarter. Castle Rock Wealth Management LLC raised its position in shares of abrdn Physical Gold Shares ETF by 1.5% during the 3rd quarter. Castle Rock Wealth Management LLC now owns 62,155 shares of the company’s stock worth $1,572,000 after buying an additional 946 shares in the last quarter. Finally, Sunbelt Securities Inc. bought a new stake in shares of abrdn Physical Gold Shares ETF during the 2nd quarter worth $26,000.

abrdn Physical Gold Shares ETF Stock Performance

abrdn Physical Gold Shares ETF stock opened at $25.41 on Thursday. abrdn Physical Gold Shares ETF has a 12 month low of $18.48 and a 12 month high of $26.65. The company’s fifty day simple moving average is $25.17 and its 200-day simple moving average is $23.58.

abrdn Physical Gold Shares ETF Company 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.