Raymond James Financial Services Advisors Inc. Boosts Stake in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

Raymond James Financial Services Advisors Inc. raised its position in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 23.3% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 38,219 shares of the company’s stock after buying an additional 7,224 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in abrdn Physical Gold Shares ETF were worth $754,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Raymond James & Associates boosted its holdings in abrdn Physical Gold Shares ETF by 110.9% in the 1st quarter. Raymond James & Associates now owns 162,984 shares of the company’s stock worth $3,028,000 after buying an additional 85,706 shares during the period. Private Advisor Group LLC bought a new position in abrdn Physical Gold Shares ETF in the 1st quarter worth approximately $363,000. Blair William & Co. IL bought a new position in abrdn Physical Gold Shares ETF in the 1st quarter worth approximately $216,000. Cetera Investment Advisers boosted its holdings in abrdn Physical Gold Shares ETF by 70.5% in the 1st quarter. Cetera Investment Advisers now owns 57,366 shares of the company’s stock worth $1,066,000 after buying an additional 23,728 shares during the period. Finally, Mather Group LLC. bought a new position in abrdn Physical Gold Shares ETF in the 1st quarter worth approximately $843,000.

abrdn Physical Gold Shares ETF Stock Up 0.2 %

SGOL opened at $22.85 on Wednesday. The company has a 50 day moving average of $20.61 and a 200 day moving average of $19.61. abrdn Physical Gold Shares ETF has a 12 month low of $17.35 and a 12 month high of $23.24.

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.