Belpointe Asset Management LLC Purchases 14,319 Shares of abrdn Physical Gold Shares ETF $SGOL

Belpointe Asset Management LLC raised its position in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 43.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 47,058 shares of the company’s stock after purchasing an additional 14,319 shares during the quarter. Belpointe Asset Management LLC’s holdings in abrdn Physical Gold Shares ETF were worth $1,933,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Sound Income Strategies LLC bought a new position in abrdn Physical Gold Shares ETF in the third quarter valued at about $34,000. Glass Jacobson Investment Advisors llc bought a new position in shares of abrdn Physical Gold Shares ETF during the third quarter worth about $37,000. Anfield Capital Management LLC bought a new position in shares of abrdn Physical Gold Shares ETF during the third quarter worth about $37,000. Eastern Bank bought a new position in shares of abrdn Physical Gold Shares ETF during the fourth quarter worth about $47,000. Finally, BNP Paribas bought a new position in shares of abrdn Physical Gold Shares ETF during the second quarter worth about $39,000.

abrdn Physical Gold Shares ETF Stock Performance

Shares of SGOL opened at $45.84 on Tuesday. abrdn Physical Gold Shares ETF has a 1 year low of $30.20 and a 1 year high of $52.84. The business has a 50-day moving average of $46.58 and a 200-day moving average of $43.24.

Key abrdn Physical Gold Shares ETF News

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

• Positive Sentiment: Gold’s safe‑haven narrative and industry reaction — Heraeus reports that gold’s safe‑haven status remains intact and higher metal prices are supporting exploration budgets, a tailwind for long‑term physical demand that supports SGOL’s holdings. Gold’s safe haven status is intact
• Positive Sentiment: Bank outlook points to longer‑term upside — Standard Chartered sees near‑term risks but expects longer‑term upside for gold, which supports a constructive medium/longer‑term case for SGOL despite short‑term volatility. Gold price holds near $4,800
• Neutral Sentiment: Mining consolidation may shift supply dynamics — Agnico Eagle’s near‑C$4B move to consolidate a Finnish gold district is sector‑positive for miners but has an indirect/neutral effect on a physical‑gold ETF like SGOL. Agnico Eagle moves to consolidate Finland’s gold district
• Neutral Sentiment: Russian asset valuation ahead of auction — Russia’s valuation of a seized gold‑producer stake is a regional supply/ownership story; it’s noteworthy for global mining risk but only a secondary factor for SGOL’s physical‑gold exposure. Russia values seized stake in gold producer UGC
• Negative Sentiment: Geopolitical developments and cease‑fire dynamics are creating consolidation — WSJ notes gold consolidating as traders weigh possible U.S.‑Iran talks and a looming end to the cease‑fire, reducing one driver of safe‑haven bids. Gold Consolidates as End of Cease-Fire Looms
• Negative Sentiment: Lingering war prospects and easing demand narratives — Kitco reports gold and silver drifting lower as lingering war‑prospect dynamics paradoxically suggest less consistent safe‑haven buying. Gold, silver down as lingering war prospects hint of less demand
• Negative Sentiment: Stronger USD and higher yields pressuring prices — several market reports (FXEmpire, Kitco) highlight a firmer U.S. dollar and uptick in Treasury yields that have applied technical and fundamental headwinds to gold’s near‑term price, which pulls SGOL lower. Gold (XAUUSD) Price Forecast
• Negative Sentiment: Market reaction to recent incidents — coverage of a U.S. ship seizure and rising oil‑driven inflation jitters pushed the dollar and pressured metals in some sessions, contributing to short‑term selling in physical gold. Gold & Silver Price Forecast: Metals Retreat

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.