Global View Capital Management LLC Decreases Stake in abrdn Physical Gold Shares ETF $SGOL

Global View Capital Management LLC lessened its stake in abrdn Physical Gold Shares ETF (NYSEARCA:SGOLFree 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

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

abrdn Physical Gold Shares ETF Company Profile

(Free Report)

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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Institutional Ownership by Quarter for abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

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