Global View Capital Management LLC lessened its stake in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL – Free Report) by 82.7% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 85,421 shares of the company’s stock after selling 407,260 shares during the quarter. abrdn Physical Gold Shares ETF accounts for 0.7% of Global View Capital Management LLC’s investment portfolio, making the stock its 14th largest position. Global View Capital Management LLC’s holdings in abrdn Physical Gold Shares ETF were worth $3,509,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Northeast Financial Group Inc. grew its position in abrdn Physical Gold Shares ETF by 3.3% during the third quarter. Northeast Financial Group Inc. now owns 9,094 shares of the company’s stock worth $335,000 after buying an additional 290 shares during the period. Berkeley Capital Partners LLC increased its holdings in abrdn Physical Gold Shares ETF by 2.6% in the third quarter. Berkeley Capital Partners LLC now owns 12,383 shares of the company’s stock valued at $456,000 after buying an additional 314 shares in the last quarter. Lido Advisors LLC lifted its position in shares of abrdn Physical Gold Shares ETF by 1.8% during the 2nd quarter. Lido Advisors LLC now owns 17,742 shares of the company’s stock valued at $560,000 after acquiring an additional 320 shares during the period. True North Advisors LLC lifted its position in shares of abrdn Physical Gold Shares ETF by 0.4% during the 3rd quarter. True North Advisors LLC now owns 81,712 shares of the company’s stock valued at $3,008,000 after acquiring an additional 347 shares during the period. Finally, Prospera Financial Services Inc boosted its stake in shares of abrdn Physical Gold Shares ETF by 3.9% during the 3rd quarter. Prospera Financial Services Inc now owns 9,316 shares of the company’s stock worth $343,000 after acquiring an additional 347 shares in the last quarter.
abrdn Physical Gold Shares ETF Stock Performance
SGOL opened at $43.00 on Monday. The stock’s 50 day simple moving average is $47.25 and its 200 day simple moving average is $42.18. abrdn Physical Gold Shares ETF has a 1-year low of $28.22 and a 1-year high of $52.84.
Key Headlines Impacting abrdn Physical Gold Shares ETF
- Positive Sentiment: Weak U.S. consumer sentiment and higher one‑year inflation expectations lifted spot gold above key levels, supporting physical‑gold demand. Spot gold shoots above $4,550/oz after final Consumer Sentiment falls to 53.3, one-year inflation expectations rise to 3.8%
- Positive Sentiment: Technical rebound after a test of the 200‑day moving average has attracted dip buyers, with analysts eyeing a push toward higher targets if momentum continues. Gold News: Gold Rally Builds After 200-Day Test—Are Buyers Targeting $4850.68?
- Positive Sentiment: Market commentary from bullion managers suggests a larger institutional buy‑in into gold is still forthcoming, which would support physical‑gold ETFs like SGOL over time. Gold’s big institutional buy-in still to come, silver will follow gold’s lead higher – Sprott’s McIntyre
- Positive Sentiment: Reports of easing Middle East tensions provided a near‑term boost to risk sentiment and helped lift gold in early trade. Gold Rises Amid Signs of Easing Middle East Tensions
- Neutral Sentiment: Intraday technical notes highlight corrective bounces and key entry levels — useful for traders but not decisive for trend direction. Gold market analysis for March 27 – key intra-day price entry levels for active traders
- Neutral Sentiment: Market commentary notes a search for a floor and momentum amid competing geopolitical and rate headlines — suggests continued volatility. Gold Price Analysis – Gold Continues to Look for Floor and Momentum
- Neutral Sentiment: Modest corrective gains have been recorded, indicating short‑term buying but not yet a confirmed sustained uptrend. Modest price gains in gold, silver on corrective bounces
- Negative Sentiment: Technical analysts are flagging growing bearish signals across multiple timeframes, which raises the risk of further downside if support levels fail. Gold (XAU/USD) Price Forecast: Bearish Signals Grow Across Timeframes
- Negative Sentiment: Analysts point to a “safe‑haven exit” as the dollar and rate‑sensitive dynamics have pressured gold recently, a headwind for SGOL if sustained. Gold (XAUUSD) & Silver Price Forecast: Safe-Haven Exit? Why Gold is Diving
- Negative Sentiment: Turkey’s recent sale of roughly 58.4 tonnes of gold increases physical supply flows, which can weigh on prices in the near term. Turkey taps its gold reserves, sells 58.4 tonnes of gold in two weeks
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.
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