Wealthfront Advisers LLC Acquires Shares of 18,019 abrdn Physical Gold Shares ETF $SGOL

Wealthfront Advisers LLC bought a new position in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 18,019 shares of the company’s stock, valued at approximately $663,000.

Other hedge funds have also made changes to their positions in the company. Prospera Financial Services Inc raised its stake in abrdn Physical Gold Shares ETF by 3.9% during the 3rd quarter. Prospera Financial Services Inc now owns 9,316 shares of the company’s stock valued at $343,000 after purchasing an additional 347 shares during the period. Oppenheimer & Co. Inc. lifted its stake in abrdn Physical Gold Shares ETF by 195.2% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 22,761 shares of the company’s stock worth $838,000 after acquiring an additional 15,050 shares in the last quarter. Western Wealth Management LLC boosted its position in abrdn Physical Gold Shares ETF by 3.2% during the 3rd quarter. Western Wealth Management LLC now owns 13,438 shares of the company’s stock worth $495,000 after acquiring an additional 420 shares during the period. Cardinal Point Capital Management ULC purchased a new position in abrdn Physical Gold Shares ETF during the 3rd quarter valued at about $460,000. Finally, Timonier Family Office LTD. acquired a new position in shares of abrdn Physical Gold Shares ETF in the 3rd quarter valued at about $445,000.

abrdn Physical Gold Shares ETF Price Performance

NYSEARCA SGOL opened at $47.94 on Monday. The company has a 50 day simple moving average of $44.15 and a 200-day simple moving average of $39.10. abrdn Physical Gold Shares ETF has a 52-week low of $27.02 and a 52-week high of $52.84.

Key abrdn Physical Gold Shares ETF News

Here are the key news stories impacting abrdn Physical Gold Shares ETF this week:

• Positive Sentiment: U.S. inflation softening provided direct support for gold, reducing real-rate pressures and boosting demand for non‑yielding bullion. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Climbed Back Above $5000
• Positive Sentiment: Spot gold reclaimed and is testing the $5,000 level, a psychologically important fulcrum that can attract momentum buying and ETF inflows if it holds. Gold reclaims $5,000 as analysts warn volatility is far from over
• Positive Sentiment: Technical analysts note higher swing highs and support from key moving averages, implying further upside toward Fibonacci/ABCD targets if momentum continues. Gold (XAU/USD) Price Forecast: Strength Emerging Above Key Support
• Neutral Sentiment: Large structural/seasonal flows remain mixed: Chinese gold‑backed ETF holdings have surged, supporting global demand but also adding speculative dynamics that can amplify swings. How China’s ‘unruly’ speculators might be fueling the frenzy in gold market
• Neutral Sentiment: Fundamental ETF context: SGOL tracks physical gold so its moves mirror spot bullion; it’s trading above the 50‑ and 200‑day averages and near its 12‑month high, but intraday volume was below the fund’s average—watch for confirmation on sustained flows.
• Negative Sentiment: Volatility remains elevated—the market has seen sharp intraday sell‑offs and rebounds recently, meaning gains can be quickly reversed if risk‑on flows or hotter inflation data reappear. Gold (XAUUSD) & Silver Price Forecast: After 3% Plunge, Can CPI Push XAU Above $5,000?
• Negative Sentiment: Macro risk: prospects of a prolonged Fed pause or a stronger dollar could dent gold’s appeal and pressure SGOL if yields firm. Gold Falls on Prospects of Long Fed Pause

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.