Ethos Financial Group LLC boosted its holdings in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL – Free Report) by 2.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 997,325 shares of the company’s stock after acquiring an additional 23,905 shares during the quarter. abrdn Physical Gold Shares ETF accounts for approximately 3.0% of Ethos Financial Group LLC’s holdings, making the stock its 3rd largest position. Ethos Financial Group LLC owned approximately 0.56% of abrdn Physical Gold Shares ETF worth $40,970,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also modified their holdings of the company. Lido Advisors LLC lifted its holdings in shares of abrdn Physical Gold Shares ETF by 1.8% during 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 in the last quarter. M&T Bank Corp raised its position in abrdn Physical Gold Shares ETF by 88.2% in the 2nd quarter. M&T Bank Corp now owns 12,984 shares of the company’s stock worth $410,000 after buying an additional 6,084 shares during the last quarter. Beacon Pointe Advisors LLC raised its position in abrdn Physical Gold Shares ETF by 7.2% in the 2nd quarter. Beacon Pointe Advisors LLC now owns 45,595 shares of the company’s stock worth $1,438,000 after buying an additional 3,047 shares during the last quarter. Baird Financial Group Inc. lifted its stake in abrdn Physical Gold Shares ETF by 1.1% during the 2nd quarter. Baird Financial Group Inc. now owns 376,366 shares of the company’s stock valued at $11,871,000 after acquiring an additional 4,150 shares during the period. Finally, Walleye Capital LLC bought a new position in abrdn Physical Gold Shares ETF during the 2nd quarter valued at about $224,000.
abrdn Physical Gold Shares ETF Price Performance
Shares of NYSEARCA SGOL opened at $44.51 on Friday. The firm’s 50-day moving average price is $47.11 and its 200-day moving average price is $42.46. abrdn Physical Gold Shares ETF has a 52-week low of $28.22 and a 52-week high of $52.84.
Key Headlines Impacting abrdn Physical Gold Shares ETF
- Positive Sentiment: Central banks remain net buyers of gold in February, supporting long‑term physical demand that benefits SGOL as a physical‑gold ETF. Central banks remain net gold buyers
- Positive Sentiment: Technical recovery: gold reclaimed its 50‑day moving average in thin trading and analysts point to a campaign toward higher targets, which can lift SGOL if momentum continues. Gold (XAUUSD) & Silver Price Forecast
- Positive Sentiment: Investor pitch for SGOL: commentary highlights SGOL as a simple way to capture physical gold gains (no futures or miners), citing strong 1‑year returns — likely to drive demand for the ETF among inflation‑hedge buyers. How Physical Gold ETF SGOL Fits Into a Portfolio
- Positive Sentiment: Weekly technical/price analysis shows a positive week for gold, with analysts watching the 10‑year yield as a key macro guide — supportive context for SGOL if yields stabilize or fall. Gold Weekly Price Analysis
- Neutral Sentiment: Streaming deal by Wheaton Precious Metals for Australian gold/silver is positive for miners but has only indirect impact on SGOL, which tracks physical bullion rather than mining equities. Wheaton Precious Metals to buy gold, silver stream
- Neutral Sentiment: News that hopes for an early end to the U.S.‑Iran conflict briefly pushed gold higher; geopolitical developments remain a volatility factor for SGOL but are uncertain in direction. Gold Rises on Hopes for Early End to U.S.-Iran Conflict
- Negative Sentiment: USD strength and rising U.S. Treasury yields have pressured gold prices in recent sessions, a headwind for SGOL as higher yields raise the opportunity cost of holding non‑yielding gold. Gold, silver solidly down amid USDX gains
- Negative Sentiment: Short‑term caution ahead of US jobs (NFP) data and analysts warning of renewed selling if geopolitical concerns extend — these catalysts can trigger volatility and short‑term outflows from SGOL. Gold and Silver Technical Analysis
- Negative Sentiment: Some technical reports argue bears have regained control as gold trades below key moving averages in places, signaling potential pullbacks that would weigh on SGOL near term. Gold (XAUUSD) & Silver Price Forecast: Bears Take Control
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.
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