Ameliora Wealth Management Ltd. increased its position in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL – Free Report) by 15.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 588,218 shares of the company’s stock after purchasing an additional 80,074 shares during the period. abrdn Physical Gold Shares ETF accounts for 7.4% of Ameliora Wealth Management Ltd.’s portfolio, making the stock its 2nd largest holding. Ameliora Wealth Management Ltd. owned 0.33% of abrdn Physical Gold Shares ETF worth $24,160,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Sound Income Strategies LLC purchased a new stake in abrdn Physical Gold Shares ETF in the 3rd quarter valued at about $34,000. Glass Jacobson Investment Advisors llc purchased a new stake in abrdn Physical Gold Shares ETF in the 3rd quarter valued at about $37,000. Anfield Capital Management LLC purchased a new stake in abrdn Physical Gold Shares ETF in the 3rd quarter valued at about $37,000. Eastern Bank purchased a new stake in abrdn Physical Gold Shares ETF in the 4th quarter valued at about $47,000. Finally, BNP Paribas purchased a new stake in abrdn Physical Gold Shares ETF in the 2nd quarter valued at about $39,000.
abrdn Physical Gold Shares ETF Price Performance
abrdn Physical Gold Shares ETF stock opened at $44.35 on Tuesday. abrdn Physical Gold Shares ETF has a 1 year low of $28.22 and a 1 year high of $52.84. The firm has a 50-day moving average of $47.03 and a two-hundred day moving average of $42.58.
Key Headlines Impacting abrdn Physical Gold Shares ETF
- Positive Sentiment: Weaker U.S. services data (ISM Services PMI) is supportive for gold because softer activity can ease Fed tightening expectations and lift demand for bullion as a rate-sensitive hedge. Gold Edges Higher; ISM Services PMI Falls In March
- Positive Sentiment: Rising oil prices and talk of higher inflation are cited as tailwinds for gold (inflation hedge), which can support SGOL if energy-driven price pressures persist. Gold (XAUUSD) Price Forecast: Oil Surge Caps Gold Breakout as Inflation Risk Builds
- Positive Sentiment: Technical buyers continue to prop prices at key intra‑day levels and analysts note breakout pressure building — technical support can limit downside for the ETF. Gold, silver see price gains on technical buying
- Neutral Sentiment: Truce/ceasefire rumors and short‑term shifts in safe‑haven flows are creating oscillation around key levels (near $4,700 for spot gold), producing mixed intraday signals for SGOL. Gold (XAUUSD) & Silver Price Forecast: Gold Eyes $4,700 as Truce Rumors Cool Safe-Haven Bid
- Neutral Sentiment: Merrill comments that fundamental demand drivers should reassert after the initial Iran war shock fades — a constructive medium‑term view but not an immediate catalyst. Gold’s demand drivers ‘should once again reassert themselves’ after Iran war shock fades – Merrill’s Avioli
- Negative Sentiment: A stronger U.S. dollar and rising Treasury yields are capping gold’s upside by raising opportunity cost of holding non‑yielding bullion — a primary headwind for SGOL. Gold Falls Amid Dollar Strength, Inflation Worries Gold, US Dollar and Bond Yields: Strong Dollar Caps XAUUSD Near Key Resistance
- Negative Sentiment: Ongoing Middle East tensions have produced price shocks and volatile flows; renewed geopolitical headlines can trigger short‑term pullbacks as traders rotate in and out of gold. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Pulls Back As Traders Focus On Middle East Tensions Spot gold at $4,667/oz after ISM Services PMI falls to 54 in March as Iran price shocks raise concern
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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