abrdn Physical Gold Shares ETF $SGOL Shares Sold by Fragasso Financial Advisors Inc

Fragasso Financial Advisors Inc lessened its holdings in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 44.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,463 shares of the company’s stock after selling 12,543 shares during the period. Fragasso Financial Advisors Inc’s holdings in abrdn Physical Gold Shares ETF were worth $573,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of SGOL. Lido Advisors LLC grew its holdings in abrdn Physical Gold Shares ETF by 1.8% in the second quarter. Lido Advisors LLC now owns 17,742 shares of the company’s stock valued at $560,000 after purchasing an additional 320 shares during the period. MAI Capital Management grew its stake in abrdn Physical Gold Shares ETF by 0.9% in the 2nd quarter. MAI Capital Management now owns 40,052 shares of the company’s stock valued at $1,263,000 after acquiring an additional 369 shares during the period. Key Client Fiduciary Advisors LLC grew its stake in abrdn Physical Gold Shares ETF by 3.6% in the 2nd quarter. Key Client Fiduciary Advisors LLC now owns 12,182 shares of the company’s stock valued at $384,000 after acquiring an additional 419 shares during the period. Avantax Advisory Services Inc. increased its holdings in abrdn Physical Gold Shares ETF by 0.6% in the 2nd quarter. Avantax Advisory Services Inc. now owns 83,135 shares of the company’s stock worth $2,622,000 after acquiring an additional 522 shares in the last quarter. Finally, Capital Advisory Group Advisory Services LLC raised its position in abrdn Physical Gold Shares ETF by 0.8% during the second quarter. Capital Advisory Group Advisory Services LLC now owns 91,019 shares of the company’s stock worth $2,871,000 after acquiring an additional 732 shares during the period.

abrdn Physical Gold Shares ETF Trading Up 0.9%

Shares of NYSEARCA SGOL opened at $41.38 on Thursday. The company’s 50-day simple moving average is $39.40 and its 200-day simple moving average is $35.27. abrdn Physical Gold Shares ETF has a 52-week low of $24.69 and a 52-week high of $41.77.

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.