Stephens Inc. AR raised its stake in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL – Free Report) by 555.5% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 46,540 shares of the company’s stock after acquiring an additional 39,440 shares during the period. Stephens Inc. AR’s holdings in abrdn Physical Gold Shares ETF were worth $2,077,000 as of its most recent SEC filing.
Several other hedge funds have also bought and sold shares of the stock. JPMorgan Chase & Co. boosted its holdings in shares of abrdn Physical Gold Shares ETF by 5.8% during the 4th quarter. JPMorgan Chase & Co. now owns 4,367,518 shares of the company’s stock valued at $179,418,000 after purchasing an additional 238,704 shares during the last quarter. Bank of America Corp DE increased its holdings in shares of abrdn Physical Gold Shares ETF by 2.6% in the third quarter. Bank of America Corp DE now owns 3,743,548 shares of the company’s stock worth $137,800,000 after purchasing an additional 96,381 shares during the last quarter. Wells Fargo & Company MN increased its holdings in shares of abrdn Physical Gold Shares ETF by 2.6% in the fourth quarter. Wells Fargo & Company MN now owns 3,026,827 shares of the company’s stock worth $124,342,000 after purchasing an additional 77,300 shares during the last quarter. Morgan Stanley lifted its position in shares of abrdn Physical Gold Shares ETF by 5.7% in the fourth quarter. Morgan Stanley now owns 2,319,730 shares of the company’s stock worth $95,295,000 after buying an additional 124,404 shares in the last quarter. Finally, LPL Financial LLC lifted its position in shares of abrdn Physical Gold Shares ETF by 17.1% in the fourth quarter. LPL Financial LLC now owns 2,059,659 shares of the company’s stock worth $84,611,000 after buying an additional 300,746 shares in the last quarter.
abrdn Physical Gold Shares ETF Price Performance
Shares of abrdn Physical Gold Shares ETF stock opened at $39.23 on Friday. The stock has a 50 day moving average of $41.54 and a 200 day moving average of $44.24. abrdn Physical Gold Shares ETF has a 12 month low of $31.16 and a 12 month high of $52.84.
Trending Headlines about abrdn Physical Gold Shares ETF
- Positive Sentiment: Spot gold moved back above $4,100/oz after stronger-than-expected labor market data, while geopolitical uncertainty continued to support safe-haven buying for gold-backed funds like SGOL. Spot gold trades above $4,100/oz as U.S. weekly jobless claims hold at 215k
- Positive Sentiment: Gold and silver technicals improved after gold broke above a key pattern near $4,075, suggesting momentum may be turning more favorable if resistance levels are reclaimed. Gold (XAUUSD) & Silver Price Forecast: Gold Breaks Symmetrical Triangle at $4,075 as Silver Holds $58.27 – Next Move?
- Neutral Sentiment: Gold remains range-bound in the near term as traders watch Federal Reserve policy signals, Treasury yields, and upcoming inflation data for direction. Gold (XAUUSD) Price Forecast: Can Gold Hold Support Ahead of U.S. Inflation Data?
- Negative Sentiment: Some traders remain cautious because hawkish Fed expectations, higher Treasury yields, and technical warnings such as a potential “death cross” could pressure gold prices and weigh on SGOL. Gold Price Analysis – Gold Consolidates as Looming Death Cross Signals Risk
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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