Kestra Private Wealth Services LLC Acquires New Shares in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

Kestra Private Wealth Services LLC bought a new position in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) in the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 26,518 shares of the company’s stock, valued at approximately $523,000.

A number of other large investors have also recently added to or reduced their stakes in the company. Keener Financial Planning LLC bought a new position in shares of abrdn Physical Gold Shares ETF during the fourth quarter worth approximately $35,000. Gradient Investments LLC bought a new position in abrdn Physical Gold Shares ETF in the third quarter valued at approximately $38,000. Headlands Technologies LLC bought a new position in abrdn Physical Gold Shares ETF in the fourth quarter valued at approximately $85,000. Householder Group Estate & Retirement Specialist LLC increased its stake in abrdn Physical Gold Shares ETF by 108.5% in the fourth quarter. Householder Group Estate & Retirement Specialist LLC now owns 5,054 shares of the company’s stock valued at $99,000 after acquiring an additional 2,630 shares during the last quarter. Finally, Cullen Frost Bankers Inc. bought a new position in abrdn Physical Gold Shares ETF in the third quarter valued at approximately $117,000.

abrdn Physical Gold Shares ETF Price Performance

Shares of NYSEARCA:SGOL opened at $22.23 on Tuesday. The company’s 50 day simple moving average is $21.45 and its 200 day simple moving average is $20.04. abrdn Physical Gold Shares ETF has a 1 year low of $17.35 and a 1 year 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.