Bank of Montreal Can Takes $199,000 Position in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

Bank of Montreal Can acquired a new stake in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL – Get Rating) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 11,400 shares of the company’s stock, valued at approximately $199,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Cypress Capital LLC increased its position in abrdn Physical Gold Shares ETF by 0.4% during the 4th quarter. Cypress Capital LLC now owns 599,156 shares of the company’s stock valued at $10,467,000 after purchasing an additional 2,267 shares during the period. Oxbow Advisors LLC acquired a new stake in abrdn Physical Gold Shares ETF during the 4th quarter valued at approximately $494,000. Keybank National Association OH acquired a new stake in abrdn Physical Gold Shares ETF during the 4th quarter valued at approximately $175,000. Seven Post Investment Office LP increased its position in abrdn Physical Gold Shares ETF by 6.7% during the 4th quarter. Seven Post Investment Office LP now owns 28,726 shares of the company’s stock valued at $502,000 after purchasing an additional 1,808 shares during the period. Finally, WFA of San Diego LLC acquired a new stake in abrdn Physical Gold Shares ETF during the 4th quarter valued at approximately $48,000.

abrdn Physical Gold Shares ETF Price Performance

NYSEARCA:SGOL opened at $19.32 on Monday. The company has a 50 day simple moving average of $18.73 and a two-hundred day simple moving average of $17.79. abrdn Physical Gold Shares ETF has a fifty-two week low of $15.50 and a fifty-two week high of $19.72.

About abrdn Physical Gold Shares ETF

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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.