Castle Wealth Management LLC Purchases Shares of 21,000 abrdn Physical Gold Shares ETF $SGOL

Castle Wealth Management LLC purchased a new stake in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 21,000 shares of the company’s stock, valued at approximately $863,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of SGOL. Northeast Financial Group Inc. grew its holdings in shares of abrdn Physical Gold Shares ETF by 3.3% in the 3rd quarter. Northeast Financial Group Inc. now owns 9,094 shares of the company’s stock worth $335,000 after purchasing an additional 290 shares during the last quarter. Berkeley Capital Partners LLC grew its holdings in shares of abrdn Physical Gold Shares ETF by 2.6% in the 3rd quarter. Berkeley Capital Partners LLC now owns 12,383 shares of the company’s stock worth $456,000 after purchasing an additional 314 shares during the last quarter. True North Advisors LLC grew its holdings in shares of abrdn Physical Gold Shares ETF by 0.4% in the 3rd quarter. True North Advisors LLC now owns 81,712 shares of the company’s stock worth $3,008,000 after purchasing an additional 347 shares during the last quarter. Prospera Financial Services Inc grew its holdings in shares of abrdn Physical Gold Shares ETF by 3.9% in the 3rd quarter. Prospera Financial Services Inc now owns 9,316 shares of the company’s stock worth $343,000 after purchasing an additional 347 shares during the last quarter. Finally, Ashton Thomas Private Wealth LLC grew its holdings in shares of abrdn Physical Gold Shares ETF by 3.4% in the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 10,938 shares of the company’s stock worth $403,000 after purchasing an additional 355 shares during the last quarter.

Key Headlines Impacting abrdn Physical Gold Shares ETF

Here are the key news stories impacting abrdn Physical Gold Shares ETF this week:

• Positive Sentiment: State Street projects gold could ultimately push above $5,000, citing structural drivers that support a long-term bull case for bullion — a bullish signal for gold-backed ETFs like SGOL. State Street sees gold pushing above $5,000 despite near-term headwinds
• Positive Sentiment: World Gold Council data and reporting show central banks (including Poland, Uzbekistan and large buys from China) snapping up physical metal in March — increased official demand supports ETF flows and baseline price support. Central banks snap up cheap gold in March with Poland, Uzbekistan and China buying big – World Gold Council
• Positive Sentiment: Recent U.S. weekly jobless claims rose, which lifted spot gold toward multi‑day highs as safe‑haven demand and lower real yields supported bullion — favourable for SGOL flows. Spot gold trades near highs after U.S. weekly jobless claims rise to 219k
• Neutral Sentiment: Technical and analyst forecasts show gold testing key resistance levels (around $4,700–$4,800) as the dollar and yields fluctuate; if those levels break it would reinforce ETF gains, but failure could trigger consolidation. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Tests $4800 As Dollar Retreats
• Neutral Sentiment: Market commentary notes choppy, two‑sided intraday trading and specific intra‑day entry levels for active traders — useful for short‑term timing but not a clear directional trigger for longer‑term SGOL holders. Gold, silver firmer in choppy, 2-sided trading
• Negative Sentiment: Some outlets warn of a likely technical correction after the recent run-up and highlight elevated short‑term tactical risks (deleverage/liquidity dynamics from the March selloff), which could pressure gold and ETF prices if risk sentiment reverses. Gold Edges Lower on Likely Technical Correction
• Negative Sentiment: World Gold Council analysis attributes the March weakness to deleveraging and liquidity flows rather than fundamentals — meaning episodes of rapid outflows remain a tail risk for gold ETFs like SGOL. Dissecting what really happened – and what didn’t – during gold’s Iran War selloff – World Gold Council

abrdn Physical Gold Shares ETF Stock Up 0.8%

SGOL opened at $45.43 on Friday. The firm’s 50-day simple moving average is $46.70 and its 200-day simple moving average is $42.68. abrdn Physical Gold Shares ETF has a twelve month low of $29.73 and a twelve month high of $52.84.

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.