abrdn Physical Gold Shares ETF $SGOL Shares Bought by Raymond James Financial Inc.

Raymond James Financial Inc. increased its holdings in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 93.2% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 242,030 shares of the company’s stock after acquiring an additional 116,785 shares during the quarter. Raymond James Financial Inc. owned approximately 0.15% of abrdn Physical Gold Shares ETF worth $7,217,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of SGOL. Client First Investment Management LLC purchased a new stake in abrdn Physical Gold Shares ETF during the 1st quarter worth approximately $7,475,000. Cresset Asset Management LLC acquired a new stake in shares of abrdn Physical Gold Shares ETF during the first quarter worth approximately $3,845,000. Mirae Asset Global Investments Co. Ltd. increased its stake in shares of abrdn Physical Gold Shares ETF by 41.8% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 426,850 shares of the company’s stock worth $12,545,000 after buying an additional 125,750 shares during the last quarter. E Fund Management Co. Ltd. acquired a new stake in abrdn Physical Gold Shares ETF in the first quarter valued at $3,564,000. Finally, Bank of America Corp DE boosted its stake in abrdn Physical Gold Shares ETF by 3.2% during the 4th quarter. Bank of America Corp DE now owns 3,442,497 shares of the company’s stock valued at $86,235,000 after acquiring an additional 107,640 shares during the last quarter.

abrdn Physical Gold Shares ETF Price Performance

Shares of SGOL stock opened at $33.74 on Wednesday. The firm has a fifty day moving average of $32.01 and a two-hundred day moving average of $30.89. abrdn Physical Gold Shares ETF has a 1-year low of $23.63 and a 1-year high of $33.76.

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.