21,665 Shares in abrdn Physical Gold Shares ETF $SGOL Acquired by LFG Wealth Partners LLC

LFG Wealth Partners LLC bought a new stake in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm bought 21,665 shares of the company’s stock, valued at approximately $890,000.

Other large investors have also recently modified their holdings of the company. Ameliora Wealth Management Ltd. boosted its holdings in shares of abrdn Physical Gold Shares ETF by 15.8% in the 4th quarter. Ameliora Wealth Management Ltd. now owns 588,218 shares of the company’s stock valued at $24,160,000 after purchasing an additional 80,074 shares in the last quarter. Capital Advisory Group Advisory Services LLC boosted its holdings in shares of abrdn Physical Gold Shares ETF by 51.1% in the 4th quarter. Capital Advisory Group Advisory Services LLC now owns 142,555 shares of the company’s stock valued at $5,856,000 after purchasing an additional 48,195 shares in the last quarter. Castle Wealth Management LLC acquired a new stake in shares of abrdn Physical Gold Shares ETF in the 4th quarter valued at $863,000. Arta Finance Wealth Management LLC acquired a new stake in shares of abrdn Physical Gold Shares ETF in the 4th quarter valued at $1,363,000. Finally, Oppenheimer & Co. Inc. boosted its holdings in shares of 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 valued at $838,000 after purchasing an additional 15,050 shares in the last quarter.

Key Headlines Impacting abrdn Physical Gold Shares ETF

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

• Positive Sentiment: Gold prices strengthened after the U.S.-Iran ceasefire, with traders seeing the truce as a backdrop for technical recovery and continued upside in bullion. Gold Edges Higher, Extending Gains After U.S.-Iran Ceasefire
• Positive Sentiment: A World Gold Council survey found a record 45% of central banks plan to increase gold holdings, reinforcing demand expectations for physical gold-backed funds like SGOL. Record 45% of central banks plan increase gold holdings, WGC survey finds
• Positive Sentiment: Gold and silver remained supported by broader concerns over inflation and a weaker U.S. dollar, with analysts pointing to upside potential in bullion prices. Gold (XAUUSD) & Silver Price Forecast: Truce Stability vs Inflation Pressure Amid Iran-Israel Conflict – Upside Ahead?
• Neutral Sentiment: Market commentary also noted that fewer central banks are storing gold in London and New York, reflecting geopolitical caution rather than a direct change in demand. Central Banks Are Rethinking Where They Store Their Gold

abrdn Physical Gold Shares ETF Stock Up 2.6%

Shares of SGOL stock opened at $41.15 on Tuesday. The stock’s fifty day moving average price is $43.65 and its two-hundred day moving average price is $44.39. abrdn Physical Gold Shares ETF has a fifty-two week low of $31.05 and a fifty-two week high of $52.84.

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.