Stifel Financial Corp Reduces Stock Position in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

Stifel Financial Corp cut its holdings in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 1.3% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 95,730 shares of the company’s stock after selling 1,298 shares during the period. Stifel Financial Corp owned about 0.07% of abrdn Physical Gold Shares ETF worth $2,406,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the business. Raymond James & Associates boosted its stake in abrdn Physical Gold Shares ETF by 8.7% during the second quarter. Raymond James & Associates now owns 62,305 shares of the company’s stock worth $1,384,000 after buying an additional 5,002 shares during the period. Saxony Capital Management LLC grew its stake in abrdn Physical Gold Shares ETF by 26.5% in the 2nd quarter. Saxony Capital Management LLC now owns 13,492 shares of the company’s stock worth $300,000 after acquiring an additional 2,826 shares in the last quarter. Kraft Davis & Associates LLC raised its stake in shares of abrdn Physical Gold Shares ETF by 16.7% during the second quarter. Kraft Davis & Associates LLC now owns 15,397 shares of the company’s stock valued at $351,000 after acquiring an additional 2,200 shares in the last quarter. Commonwealth Equity Services LLC boosted its holdings in shares of abrdn Physical Gold Shares ETF by 50.4% in the second quarter. Commonwealth Equity Services LLC now owns 244,940 shares of the company’s stock valued at $5,443,000 after purchasing an additional 82,102 shares during the period. Finally, Essex Financial Services Inc. purchased a new position in abrdn Physical Gold Shares ETF during the 2nd quarter worth $258,000.

abrdn Physical Gold Shares ETF Stock Down 1.9 %

Shares of NYSEARCA SGOL opened at $24.75 on Thursday. abrdn Physical Gold Shares ETF has a twelve month low of $18.97 and a twelve month high of $26.65. The business has a fifty day simple moving average of $25.50 and a two-hundred day simple moving average of $24.17.

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.