Worth Asset Management LLC Acquires 30,899 Shares of abrdn Physical Gold Shares ETF $SGOL

Worth Asset Management LLC lifted its holdings in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 128.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 55,034 shares of the company’s stock after acquiring an additional 30,899 shares during the period. Worth Asset Management LLC’s holdings in abrdn Physical Gold Shares ETF were worth $2,177,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Sound Income Strategies LLC raised its position in abrdn Physical Gold Shares ETF by 97.9% in the first quarter. Sound Income Strategies LLC now owns 831 shares of the company’s stock valued at $38,000 after purchasing an additional 411 shares during the period. NBT Bank N A NY grew its stake in shares of abrdn Physical Gold Shares ETF by 4,290.2% in the first quarter. NBT Bank N A NY now owns 1,800 shares of the company’s stock valued at $80,000 after buying an additional 1,759 shares in the last quarter. McIlrath & Eck LLC purchased a new stake in shares of abrdn Physical Gold Shares ETF during the 1st quarter valued at about $87,000. Capital Advisors Ltd. LLC purchased a new stake in shares of abrdn Physical Gold Shares ETF during the 1st quarter valued at about $91,000. Finally, Main Street Group LTD purchased a new position in abrdn Physical Gold Shares ETF in the 1st quarter worth approximately $105,000.

abrdn Physical Gold Shares ETF Price Performance

SGOL traded down $0.47 during trading hours on Wednesday, reaching $39.20. 1,802,982 shares of the stock traded hands, compared to its average volume of 4,253,955. abrdn Physical Gold Shares ETF has a fifty-two week low of $37.31 and a fifty-two week high of $52.84. The firm’s fifty day simple moving average is $41.25 and its two-hundred day simple moving average is $41.75.

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.