Franklin Resources Inc. Sells 11,471 Shares of abrdn Physical Gold Shares ETF $SGOL

Franklin Resources Inc. decreased its position in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 4.4% during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 251,398 shares of the company’s stock after selling 11,471 shares during the quarter. Franklin Resources Inc. owned approximately 0.15% of abrdn Physical Gold Shares ETF worth $7,929,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in SGOL. Crewe Advisors LLC bought a new position in shares of abrdn Physical Gold Shares ETF in the 2nd quarter worth approximately $27,000. Ameritas Advisory Services LLC bought a new position in abrdn Physical Gold Shares ETF in the second quarter worth approximately $28,000. UMB Bank n.a. bought a new position in abrdn Physical Gold Shares ETF in the second quarter worth approximately $41,000. Thurston Springer Miller Herd & Titak Inc. boosted its stake in shares of abrdn Physical Gold Shares ETF by 217.4% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,825 shares of the company’s stock worth $58,000 after acquiring an additional 1,250 shares during the last quarter. Finally, Main Street Group LTD grew its position in shares of abrdn Physical Gold Shares ETF by 96.2% during the 2nd quarter. Main Street Group LTD now owns 2,345 shares of the company’s stock valued at $74,000 after acquiring an additional 1,150 shares during the period.

abrdn Physical Gold Shares ETF Stock Performance

NYSEARCA:SGOL 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 business has a fifty day moving average price of $38.41 and a 200-day moving average price of $34.44.

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.