Channing Global Advisors LLC Purchases Shares of 77,362 abrdn Physical Gold Shares ETF $SGOL

Channing Global Advisors LLC purchased a new position in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 77,362 shares of the company’s stock, valued at approximately $2,440,000. abrdn Physical Gold Shares ETF makes up 1.6% of Channing Global Advisors LLC’s holdings, making the stock its 18th biggest position.

Other large investors have also recently made changes to their positions in the company. Crewe Advisors LLC bought a new position in shares of abrdn Physical Gold Shares ETF during the 2nd quarter valued at approximately $27,000. Ameritas Advisory Services LLC purchased a new position in abrdn Physical Gold Shares ETF during the second quarter valued at approximately $28,000. UMB Bank n.a. bought a new position in shares of abrdn Physical Gold Shares ETF in the second quarter worth approximately $41,000. Tableaux LLC purchased a new stake in shares of abrdn Physical Gold Shares ETF in the second quarter worth $53,000. Finally, Thurston Springer Miller Herd & Titak Inc. increased its stake in shares of abrdn Physical Gold Shares ETF by 217.4% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,825 shares of the company’s stock worth $58,000 after purchasing an additional 1,250 shares in the last quarter.

abrdn Physical Gold Shares ETF Stock Performance

Shares of SGOL stock opened at $40.19 on Friday. abrdn Physical Gold Shares ETF has a one year low of $24.69 and a one year high of $41.77. The company’s fifty day moving average price is $38.41 and its 200-day moving average price is $34.44.

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.