Capital Advisory Group Advisory Services LLC raised its stake in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL – Free Report) by 51.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 142,555 shares of the company’s stock after purchasing an additional 48,195 shares during the period. abrdn Physical Gold Shares ETF comprises 1.7% of Capital Advisory Group Advisory Services LLC’s investment portfolio, making the stock its 12th biggest position. Capital Advisory Group Advisory Services LLC owned approximately 0.08% of abrdn Physical Gold Shares ETF worth $5,856,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds also recently bought and sold shares of the stock. Metis Global Partners LLC raised its position in abrdn Physical Gold Shares ETF by 26.7% in the 3rd quarter. Metis Global Partners LLC now owns 6,808,591 shares of the company’s stock valued at $250,624,000 after purchasing an additional 1,434,787 shares in the last quarter. Bank of America Corp DE raised its position in abrdn Physical Gold Shares ETF by 2.6% in the 3rd quarter. Bank of America Corp DE now owns 3,743,548 shares of the company’s stock valued at $137,800,000 after purchasing an additional 96,381 shares in the last quarter. HighTower Advisors LLC raised its position in abrdn Physical Gold Shares ETF by 0.8% in the 3rd quarter. HighTower Advisors LLC now owns 1,865,275 shares of the company’s stock valued at $68,661,000 after purchasing an additional 15,245 shares in the last quarter. UBS Group AG raised its position in abrdn Physical Gold Shares ETF by 6.9% in the 3rd quarter. UBS Group AG now owns 1,692,510 shares of the company’s stock valued at $62,301,000 after purchasing an additional 109,398 shares in the last quarter. Finally, Pureheart Capital Pte Ltd. raised its position in abrdn Physical Gold Shares ETF by 5.1% in the 2nd quarter. Pureheart Capital Pte Ltd. now owns 1,217,000 shares of the company’s stock valued at $38,384,000 after purchasing an additional 59,000 shares in the last quarter.
abrdn Physical Gold Shares ETF Stock Up 1.0%
SGOL stock opened at $44.78 on Wednesday. The business’s 50-day moving average is $46.94 and its two-hundred day moving average is $42.65. abrdn Physical Gold Shares ETF has a 1 year low of $28.38 and a 1 year high of $52.84.
More abrdn Physical Gold Shares ETF News
- Positive Sentiment: Central-bank and institutional demand narrative—analysts and market commentators say a structural shift from dollar reserves to gold and rising BRICS+ interest could be a multi-year demand driver for bullion, supporting SGOL’s underlying asset. ‘The shift from dollar reserves to gold’ (Kitco)
- Positive Sentiment: Long-term bullish price outlook—portfolio manager commentary expects gold to become a primary dollar alternative with targets well above current levels, boosting investor interest in allocated-gold ETFs like SGOL. ‘Gold will become the primary alternative’ (Kitco)
- Positive Sentiment: Geopolitical/safe-haven support—coverage notes that U.S.–Iran tensions and related risk episodes have pushed investors to gold; that bid lifts physically backed gold ETFs. Gold edges higher on U.S.–Iran conflict (WSJ)
- Positive Sentiment: Central-bank flows mixed but supportive—China added ~5 tonnes in March (buying support), reinforcing the broader central-bank buying theme that underpins ETF holdings. Central-bank flows (Kitco)
- Neutral Sentiment: Technical setup shows consolidation under resistance with breakout pressure—technical analysts highlight upside targets if momentum holds, which can attract tactical flows but is contingent on macro news. Resistance test builds breakout pressure (FXEmpire)
- Neutral Sentiment: Short-term choppiness and support tests—several intraday pieces note that gold is oscillating around key support levels and is sensitive to bond yields and headlines; this increases volatility for SGOL but not a directional guarantee. Gold sitting on top of support (FXEmpire)
- Negative Sentiment: Monetization/supply from some central banks—Turkey monetized ~118 tonnes in March, which is a meaningful near-term source of supply that can exert downward pressure on spot prices and ETF flows. Turkey monetizes gold (Kitco)
- Negative Sentiment: Strong U.S. dollar and rising yields cap upside—multiple reports note dollar strength and higher rate expectations are limiting gold’s rally, which can restrain SGOL despite bullish narratives. Strong dollar caps XAUUSD (FXEmpire)
- Negative Sentiment: Truce rumors / cooling safe-haven bids—periodic reports that de‑escalation or truce talk reduces urgent safe‑haven flows, creating pullbacks in gold that can temporarily weigh on SGOL. Truce rumors cool safe-haven bid (FXEmpire)
abrdn Physical Gold Shares ETF 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.
Recommended Stories
Receive News & Ratings for abrdn Physical Gold Shares ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for abrdn Physical Gold Shares ETF and related companies with MarketBeat.com's FREE daily email newsletter.
